New Delhi. On Tuesday, November 5, amid a strong trend in the global stock markets, the Sensex recovered from initial losses and closed with a gain of 694 points due to late buying in shares of banking, steel and oil and gas sectors. During this period, the rupee remained stable at Rs 84.11 (provisional) against the US dollar.
Recovering from Monday’s sharp fall, BSE Sensex jumped 694.39 points or 0.88 percent to close at 79,476.63. During trading it rose 740.89 points or 0.94 percent to 79,523.13. NSE Nifty rose 217.95 points or 0.91 percent to 24,213.30.
The stock markets opened with a weak trend and were seen trading in a range with a negative trend in the first half. Sensex touched a low of 78,296.70 while Nifty touched 23,842.75. Value buying helped the indices recover losses in the afternoon session and closed in the green.
Five percent rise in JSW Steel shares
Among the 30 Sensex stocks, JSW Steel gained nearly 5 percent while Tata Steel gained nearly 4 percent. Axis Bank, IndusInd Bank, HDFC Bank, State Bank of India, Kotak Mahindra Bank and UltraTech Cement were also among the stocks with big gains. Be involved in. Adani Ports, ITC, Bharti Airtel and Asian Paints were among the laggards. In Asian markets, Tokyo, Shanghai and Hong Kong closed in positive territory, while Seoul declined.
Growth in European market, decline in American market
Growth was recorded in the European market. American markets closed with a decline on Monday. According to exchange data, foreign institutional investors (FIIs) sold equities worth Rs 4,329.79 crore on Monday.
Global oil standard Brent crude rose 0.60 percent to $ 75.53 per barrel. On Monday, the BSE benchmark index fell 941.88 points or 1.18 per cent to close at 78,782.24, its lowest closing level since August 6. Nifty fell 309 points or 1.27 percent and closed at 23,995.35.
Source : palpalindia
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