Stock markets rise amid Middle East crisis, Sensex-Nifty rise
Mumbai. Recovering from three consecutive days of major decline, domestic stock markets witnessed a rise in early trade on Thursday. BSE’s 30-share sensitive index Sensex opened 414.29 points higher at 79,530.48 points. At the time of writing, it was up 352.76 points or 0.45 percent at 79,468.95 points. Similarly, the Nifty-50 index of the National Stock Exchange opened 135.45 points higher at 24,615.95 points.
At the time of writing, it stood at 24,604.45 points with an increase of 123.95 points or 0.51 percent. There is a rise in the rupee also today. Recovering from Wednesday’s historic low, it is 45 paise stronger at Rs 91.62 per dollar.
Except IT and FMCG, indices of all other groups are in the green. Auto, metal, pharma, realty, health, media, banking and chemical sectors remained bullish. Reliance Industries L&T, Sun Pharma, Airtel, NTPC, and Bajaj Finance contributed significantly to the Sensex gain. Shares of ICICI Bank, TCS, Infosys and Hindustan Unilever are currently trending down.
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