Share Bazaar: Stock market boom due to leading companies, Sensex and NIFTY have gained momentum in early trade
Share Bazaar News: Domestic markets Sensex and Nifty recorded a boom in early trade on Thursday. The market continued in the third consecutive session in the markets. BSE Sensex rose 163.27 points in early trade to 82,918.78 points and NSE NIFTY (NSE NIFTY) gained 64.35 points to 25,309.10 points. Later, the Sensex gained 415.98 points to 83,171.49 points while the Nifty climbed 115.50 points to 25,359.45 points.
Shares of these major companies fluctuate: Among the 30 companies included in the Sensex, the shares of Bharat Electronics Limited, Tata Steel, the Internal (East Jomato), Bharti Airtel, Bajaj Finance and Adani Ports were the most profitable. Shares of Tech Mahindra, Kotak Mahindra Bank, State Bank of India and Tata Consultancy Services were in disadvantage.ALSO READ: Iran and Israel Charism Rose in the stock market, Sensex 427 and Nifty climbed up 123 points
In Asian and American markets: Among the Asian markets, China’s Shanghai SSE Composite and Japan’s Nikki were in 225 benefits, while South Korea’s Kospi and Hong Kong’s Hangseng were in disadvantage. The American markets were closed with mixed trend on Wednesday.
Brent Crude at $ 67.83 per barrel and FII was sold on Wednesday: International standard Brent crude gained 0.22 percent to $ 67.83 per barrel. According to the stock market data, foreign institutional investors (FIIs) were selling on Wednesday and purely sold shares worth Rs 2,427.74 crore. Domestic institutional investors (DIIs) bought shares worth Rs 2,372.96 crore.Also Read: Israel Iran ceasefire out of the stock market, Sensex rises 930 points
Rupee strengthened by 21 paise to 85.87 per dollar in early trade: The rupee strengthened by 21 paise to 85.87 per dollar in early trade on Thursday amid a weak trend of dollar in global markets. Foreign currency traders, however, said that the rise in crude oil prices globally and the withdrawal of foreign capital stopped a sharp lead in the local unit.
The rupee opened at 85.91 against the dollar, the rupee in the Interbank Forex Exchange Market. Then reached 85.87 per dollar, which shows a growth of 21 paise in the previous closed price. The rupee closed at 86.08 per dollar on Wednesday with a fall of 3 paise. Meanwhile, the dollar index, which showed the US dollar status against 6 major currencies, came down to 97.41 with a slight gain of 0.27 percent.
In domestic stock markets, the Sensex gained 163.27 points in early trade to 82,918.78, while the Nifty rose to 64.35 points to 25,309.10 points. International standard Brent crude gained 1.30 percent to $ 68.01 per barrel. According to stock market data, foreign institutional investors (FIIs) were selling on Wednesday and purely sold shares worth Rs 2,427.74 crore. (Language)
Edited by: Ravindra Gupta
