{"id":17795,"date":"2024-04-04T04:22:35","date_gmt":"2024-04-04T04:22:35","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/04\/04\/stock-market-rally-today-bse-sensex-soars-500-points-nifty50-tops-22600-for-the-first-time-times-of-india\/"},"modified":"2024-04-04T04:22:35","modified_gmt":"2024-04-04T04:22:35","slug":"stock-market-rally-today-bse-sensex-soars-500-points-nifty50-tops-22600-for-the-first-time-times-of-india","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/04\/04\/stock-market-rally-today-bse-sensex-soars-500-points-nifty50-tops-22600-for-the-first-time-times-of-india\/","title":{"rendered":"Stock market rally today: BSE Sensex soars 500 points, Nifty50 tops 22,600 for the first time &#8211; Times of India"},"content":{"rendered":"<div style=\"text-align:center\"><img loading=\"lazy\" decoding=\"async\" width=\"1280\" height=\"720\" src=\"https:\/\/i2.wp.com\/static.toiimg.com\/photo\/msid-109020425,imgsize-102352.cms?resize=1280,720&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Stock market rally today: BSE Sensex soars 500 points, Nifty50 tops 22,600 for the first time &#8211; Times of India\" title=\"Stock market rally today: BSE Sensex soars 500 points, Nifty50 tops 22,600 for the first time &#8211; Times of India\" \/><\/div>\n<div>Stock market rally today: <!-- -->BSE Sensex<!-- --> and Nifty50, the Indian equity benchmark indices, hit fresh life-time highs in trade on Thursday. While BSE Sensex surged 500 points to hit the 74,501.73 mark, <!-- -->Nifty50<!-- --> topped 22,600 levels for the first time. At 9:27 AM, BSE Sensex was trading at 74,263.89, up 387 points or 0.52%. Nifty50 was at 22,535.45, up over 100 points or 0.45%.<br \/>Equity markets<!-- --> traded with a negative bias on Wednesday, staying cautious ahead of the RBI monetary policy meeting on Friday and key macroeconomic data.<br \/>Siddhartha Khemka, Head &#8211; Retail Research at Motilal Oswal has said that the US Fed Chair Powell&#8217;s speech will be closely watched. He anticipates the market to consolidate in the coming days until the unfolding of events.<br \/>In the US, the S&amp;P 500 and Nasdaq closed higher, albeit limited, after US Fed Chair Jerome Powell&#8217;s comments on interest rate cuts. Asian equities were poised for gains following Powell&#8217;s remarks on possible rate cuts by the Federal Reserve. <br \/>Oil prices rose on supply concerns and signs of economic growth in the US. The dollar remained below recent peaks, with traders viewing Powell&#8217;s comments as supportive of potential rate cuts. Stocks in F&amp;O ban included Hindustan Copper, SAIL, and ZEE due to crossing the market-wide position limit. Foreign portfolio investors were net sellers, while DIIs bought shares. <br \/>The rupee fell against the US dollar due to foreign capital outflows and investor risk aversion. FII data showed a significant increase in net short positions. The market outlook suggests a cautious approach amid global economic uncertainties and upcoming events.<\/div>\n<p><script>!(function(f, b, e, v, n, t, s) {\n    function loadFBEvents(isFBCampaignActive) {\n      if (!isFBCampaignActive) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        if (f.fbq) return;\n        n = f.fbq = function() {\n          n.callMethod ? n.callMethod(...arguments) : n.queue.push(arguments);\n        };\n        if (!f._fbq) f._fbq = n;\n        n.push = n;\n        n.loaded = !0;\n        n.version = '2.0';\n        n.queue = [];\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/connect.facebook.net\/en_US\/fbevents.js', n, t, s);\n      fbq('init', '593671331875494');\n      fbq('track', 'PageView');\n    };\n    function loadGtagEvents(isGoogleCampaignActive) {\n      if (!isGoogleCampaignActive) {\n        return;\n      }\n      var id = document.getElementById('toi-plus-google-campaign');\n      if (id) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        t.id = 'toi-plus-google-campaign';\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/www.googletagmanager.com\/gtag\/js?id=AW-877820074', n, t, s);\n    };\n    function loadSurvicateJs(allowedSurvicateSections = []){\n      const section =  window.location.pathname.split('\/')[1]\n      const isHomePageAllowed = window.location.pathname === '\/' && allowedSurvicateSections.includes('homepage')\n      if(allowedSurvicateSections.includes(section) || isHomePageAllowed){\n        (function(w) {\n          var s = document.createElement('script');\n          s.src=\"https:\/\/survey.survicate.com\/workspaces\/0be6ae9845d14a7c8ff08a7a00bd9b21\/web_surveys.js\";\n          s.async = true;\n          var e = document.getElementsByTagName('script')[0];\n          e.parentNode.insertBefore(s, e);\n        })(window);\n      }\n    }\n    window.TimesApps = window.TimesApps || {};\n    var TimesApps = window.TimesApps;\n    TimesApps.toiPlusEvents = function(config) {\n      var isConfigAvailable = \"toiplus_site_settings\" in f && \"isFBCampaignActive\" in f.toiplus_site_settings && \"isGoogleCampaignActive\" in f.toiplus_site_settings;\n      var isPrimeUser = window.isPrime;\n      if (isConfigAvailable && !isPrimeUser) {\n        loadGtagEvents(f.toiplus_site_settings.isGoogleCampaignActive);\n        loadFBEvents(f.toiplus_site_settings.isFBCampaignActive);\n        loadSurvicateJs(f.toiplus_site_settings.allowedSurvicateSections);\n      } else {\n        var JarvisUrl=\"https:\/\/vsp1jarvispvt.indiatimes.com\/v1\/feeds\/toi_plus\/site_settings\/643526e21443833f0c454615?db_env=published\";\n        window.getFromClient(JarvisUrl, function(config){\n          if (config) {\n            loadGtagEvents(config?.isGoogleCampaignActive);\n            loadFBEvents(config?.isFBCampaignActive);\n            loadSurvicateJs(config?.allowedSurvicateSections);\n          }\n        })\n      }\n    };\n  })(\n    window,\n    document,\n    'script',\n  );<\/script><br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stock market rally today: BSE Sensex and Nifty50, the Indian equity benchmark indices, hit fresh life-time highs in trade on Thursday. While BSE Sensex surged 500 points to hit the 74,501.73 mark, Nifty50 topped 22,600 levels for the first time. At 9:27 AM, BSE Sensex was trading at 74,263.89, up 387 points or 0.52%. Nifty50 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":17796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/static.toiimg.com\/photo\/msid-109020425,imgsize-102352.cms","fifu_image_alt":"","footnotes":""},"categories":[604],"tags":[1604,1600,289,1599,7152,273,1602,1597,1607,2945,23229,1605,1474,1601,1594,222,272,1603,4983],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/17795"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=17795"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/17795\/revisions"}],"predecessor-version":[{"id":17797,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/17795\/revisions\/17797"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/17796"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=17795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=17795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=17795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}