Stock Market Today: Tremendous rise in domestic stock markets, Sensex rises more than 300 points; Nifty crosses 23,750
Mumbai. Domestic stock markets recorded a rise in early trade on Thursday in line with softening of oil prices and a rise in global markets amid hopes of an early end to the West Asian conflict. BSE Sensex rose 327.74 points to 75,646.13 points in early trade while NSE Nifty rose 111.75 points to 23,772.05 points.
Among the 30 companies included in the Sensex, shares of InterGlobe Aviation, Bharat Electronics, Asian Paints, Tata Steel, Larsen & Toubro and Eternal were among the gainers. Whereas shares of Trent, Infosys, Sun Pharma and Bajaj Finserv declined.
In Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 and China’s SSE Composite were in the lead, while Hong Kong’s Hang Seng was trading in slight decline. American markets closed with significant gains on Wednesday. The price of international standard Brent crude stood at $ 105.7 per barrel.
According to stock market data, foreign institutional investors (FIIs) were net sellers on Wednesday and sold shares worth Rs 1,597.35 crore. On Wednesday, Sensex closed with a gain of 117.54 points and Nifty with a gain of 41 points.
Comments are closed.