The 30-share pack BSE Sensex surged 305.09 points, or 0.42 per cent, to 73,095.22, while NSE's Nifty50 index jumped 76.30 points, or 0.34 per cent, to end at 22,198.35 for the day.
The firm is now poised to make investments in early-stage startups specializing in Fintech, SaaS and Deeptech, offering funding in the range of Rs 2 crore Rs 6 crore.
Closing Bell: Markets End Day In Red; Sensex At 63,591.33, Nifty Below 19,000 freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
Market expert Hemang Jani predicts that the upcoming ICC World Cup and festive season will drive consumer demand in the next two quarters, benefiting sectors like QSR, hotels, and aviation. Food prices will be a key monitorable, but short-term spikes have been easily absorbed by the markets. Jani recommends investing in Titan, Indian Hotels, Zomato, and other consumption names like D-Mart. He also suggests considering stocks in the logistics space, such as Blue Dart and VRL Logistics, which are expected to benefit from the growth in consumer demand.
Former BharatPe CBO Pratekk Agarwaal launches early-stage VC fund; aims Rs 50 cr fund size financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.