Mumbai: Read: After three consecutive trading sessions of decline, there was a rise in early trading on Thursday in the domestic stock market. BSE Sensex rose by 334.16 points or 0.44 percent to reach 76,904.51. Whereas NSE Nifty stood at 24,009.90 points with a gain of 95.45 points.
Among the 30 companies included in the Sensex, shares of Tata Steel, Adani Ports, Axis Bank, ICICI Bank, State Bank of India, HDFC Bank, Power Grid, Eternal, Larsen & Toubro, Bharti Airtel and UltraTech Cement were the most profitable during early trading.
There was a decline in these shares
Despite the market boom, some major stocks remained under pressure. Shares of Tech Mahindra, HCL Technologies, Infosys, Tata Consultancy Services, Bajaj Finance, Titan, Indigo, Sun Pharmaceuticals and ITC declined.
Mixed trend in Asian markets also
Talking about Asian markets, South Korea's Kospi, China's SSE Composite and Japan's Nikkei 225 were in the lead. At the same time, Hong Kong's Hang Seng was seen trading in decline.
Earlier, American markets had closed with gains on Wednesday.
Slight decline in the price of crude oil
In the international market, Brent crude oil fell 0.17 percent to $ 95.47 per barrel. Fluctuations in crude oil prices also affect the sentiment in the domestic market.
FII and DII bought heavily
According to stock market data, foreign institutional investors (FIIs) bought shares worth a net Rs 6,688.37 crore on Wednesday. Domestic institutional investors (DIIs) also continued buying in the market and bought shares worth Rs 2,812.98 crore.
The market closed with a decline for the third consecutive trading session on Wednesday. Sensex closed with a fall of 373.93 points and Nifty with a fall of 141.35 points. In such a situation, investors have got some relief from Thursday's initial rise.
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