Mumbai, 21 May. Buying was seen in domestic stock markets on Thursday in anticipation of peace talks between America and Iran. BSE’s 30-share sensitive index Sensex opened with a gain of 414.03 points at 75,732.42 points. At the time of writing, it was up 376.87 points (0.50 percent) at 75,695.26 points. Recent statements by America have raised hopes among investors that peace talks with Iran can be resumed.
Due to this, there was an all-round boom in the market. More buying is taking place in metal, auto, banking, media and realty sectors. The stock market also got support from the strengthening rupee. The rupee is currently up 52 paise at Rs 96.34 per dollar, recovering from its historic low. It had closed at Rs 96.86 per dollar on the previous trading day. The Nifty-50 index of the National Stock Exchange also opened with a rise of 171.05 points at 23,830.05 points.
At the time of writing, it stood at 23,803.45 points with a gain of 144.45 points or 0.61 percent. Among Sensex companies, Indigo’s share is up by three percent and BEL’s share is up by about two and a half percent. Shares of Asian Paints, Eternal, PowerGrid, Adani Ports, Tata Steel, L&T and Axis Bank are up more than one percent. Shares of Bajaj Finance, Infosys, Titan and TCS are currently trending down.
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