Share Market Update: The local stock market rose on Thursday after a 2 consecutive day fall. A court in the US has stayed the decision of President Donald Trump administration on the ‘counter -duty’ decision, leading to a bounce in the global markets. This also rose to the local stock market. The Sensex climbed 320.70 points i.e. 0.39 percent to close at 81,633.02 points. At one time during trading, it rose 504.57 points to 81,816.89 points. At the same time, the Nifty also climbed 81.15 points or 0.33 percent to close at 24,833.60 points.
The BSE Sensex based on thirty stocks climbed 320.70 points, or 0.39 percent to close at 81,633.02 points. At one time during trading, it rose 504.57 points to 81,816.89 points. The National Stock Exchange’s 50 -share Nifty climbed 81.15 points or 0.33 percent to close at 24,833.60 points.
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IndusInd Bank rose 2.41 percent among the shares included in the Sensex. Market regulator SEBI has banned former CEO (Chief Executive Officer) of the bank, Sumant Kathphalia and four other officials from the security market in the case of discrimination in the bank share. Apart from this, shares of Sun Pharma, Adani Ports, Tata Steel, Tech Mahindra and Axis Bank were also in profit.
At the same time, shares of Bajaj Finance, ITC, Bajaj Finserv and Asian Paints came down. The US federal court has banned President Trump’s decision to impose ‘counter’ duty on imports, strengthening investors’ perception.
Also Read: Share Bazaar declines, Sensex 410 points jumped, Nifty also gained momentum
Vinod Nair, the research head of Jiojit Investment Limited, said, the US court stopped Trump’s ‘counter’ duty policy, following which global perception improved. However, the domestic market continued to trading in a radius for most of the day due to the increase in crude oil prices and the reward on the American 10 -year bond.
He said, “Export-centered areas like IT and Pharma performed well amidst hope of reducing trade tension,” he said. The BSE smallcap index connected to small companies rose 0.48 percent, while the midcap belonging to the middle companies was at a loss of 0.39 percent.
Mehta Equality Ltd. Senior Vice President (Research) of K Prashant Taapse said, “Initially the market saw a sluggish move, while the market improved the market by shopping in select shares between short coverings on the day of disposal of monthly derivative contracts.” He said that the strong Asian and European signs also supported the perception of investors’ US FOMC (Federal Open Market Committee) meeting, despite waiting for the meeting of the meeting of the US FOMC (Federal Open Market Committee).
Also Read: Share Bazaar’s fast break, Sensex 200 points broken, NIFTY also declined in NIFTY
Other markets in Asia were in South Korea’s Korea, Japan’s Nikki 225, China’s Shanghai Composite and Hong Kong’s Hang Seng. The European markets were in an edge in the afternoon trading. The US market was at a loss on Wednesday. According to the stock market data, foreign institutional investors (FIIs) on Wednesday bought shares worth Rs 4,667.92 crore. The Reserve Bank of India (RBI) said that the country will remain the fastest growing major economy in the world even in the current financial year (2025-26).
According to the official data released to Dhwar, India’s industrial production growth in April 2025 slowed down to 2.7 percent due to poor performance of manufacturing, mining and power sectors. Global oil standard Brent crude rose 1.42 percent to $ 65.82 per barrel. The BSE Sensex had broken 239.31 points on Wednesday while NSE Nifty lost 73.75 points. (Language)
Edited by: Chetan Gour
