Share market update news: The local stock market had a slight rise on Wednesday and the 30 -share Sensex of BSE rose 64 points. At the same time, NSE Nifty increased by 16 points. Investors stayed away from the market amidst uncertainties over weak trend and fee globally. The companies included in the Sensex were prominently profitable Mahindra & Mahindra, Tech Mahindra, State Bank of India, Infosys, Adani Ports and ITC. On the other hand, the disadvantage shares include the Internal (formerly Zomato), Sun Pharma, Tata Steel, Tata Motors, Bajaj Finance and Bharat Electronics.
The BSE Sensex based on thirty stocks rose for the second consecutive day and closed 63.57 points, or 0.08 percent, closed at 82,634.48 points. During trading, it went up to 82,784.75 points in high and came down to 82,342.94 points. NSE Nifty with fifty shares closed at 25,212.05 points with a slight rise of 16.25 points, or 0.06 percent.
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The companies included in the Sensex were prominently profitable Mahindra & Mahindra, Tech Mahindra, State Bank of India, Infosys, Adani Ports and ITC. On the other hand, the disadvantage shares include the Internal (formerly Zomato), Sun Pharma, Tata Steel, Tata Motors, Bajaj Finance and Bharat Electronics.
In other markets in Asia, South Korea’s Cospie, Japan’s Nikki, China’s Shanghai Composite and Hong Kong’s Hangseng closed down. Major markets of Europe had a mixed trend in the afternoon trading. The US markets closed mostly on Tuesday.
Also Read: Share Bazaar caught speed, Sensex rises 700 points, Nifty also gained momentum
Jiojit Investments Ltd. Research head Vinod Nair said, India’s large economic scenario remains strong. It is getting support from reduction in inflation, low interest rate, better monsoon and softening of crude oil prices. The decline in inflation for eight consecutive months has promoted the market.
However, there is a cautious stance in investors with expected … The financial results of the companies in the more assessed stock market in the fiscal year 2025-26 must have better financial results. Nair said, in addition, the global perception is mixed amid fee -related concerns. The market has also increased uncertainty due to the reduced expectation of the US Federal Reserve in the near future due to inflation being elevated.
Also read: Share Bazaar declines, Sensex 1046 points jumped, nifty then crossed 25 thousand
According to the stock market data, foreign institutional investors (FIIs) on Tuesday bought shares worth Rs 120.47 crore. Global Oil Benchmark Brent crude fell 0.26 percent to $ 68.55 per barrel. The BSE Sensex rose 317.45 points on Tuesday while NSE Nifty was in profit of 113.50 points. (Language)
Edited by: Chetan Gour
