Share Market Update: Sensex rose by 550 points, Nifty also saw an increase of 150 points, buying in IT, realty and pharma shares…

Business Desk – Share Market Update: On April 16, Sensex is trading at 78,600, with a rise of 550 points (1.64%). Nifty also saw a rise of 150 points (1.63%), which reached the level of 24,400. During today’s trading session, buying activities were clearly visible in stocks of IT, Realty and Pharma sectors.

There was a strong rise in Asian markets today as the mood of investors remained positive. South Korea’s KOSPI index rose 125 points to 6,216, registering a gain of 2.05%.

Meanwhile, Japan’s Nikkei index jumped 1,415 points to close at 59,550, showing a huge gain of 2.43%. Additionally, Hong Kong’s Hang Seng index rose 341 points to 26,288, registering a gain of 1.31%. Overall, investor confidence in Asian markets appeared strong. Most of the major indices were trading in the green.

In contrast, on April 15, mixed trading was seen in the American stock market. The Dow Jones index fell 72 points to close at 48,464, registering a marginal decline of 0.15%. On the other hand, due to the rise in tech stocks, the Nasdaq index rose 377 points to 24,016, which shows a gain of 1.59%.

Moreover, the S&P 500 index closed at 7,023, registering a gain of 56 points and an increase of 0.80%. Overall, investor mood in the US market remained sector-specific, with technology stocks supporting the market.

Sensex closed with a gain of 1,264 points on Wednesday

On April 15, a bullish trend was seen in the stock market. The Sensex closed at the level of 78,111, registering a gain of 1,264 points (1.64%). Nifty also rose by 388 points (1.63%) to reach 24,231. During the trading session, strong buying was seen in auto, IT, metal and realty stocks.