Huge rise in stock markets amid election results: Oil prices soften, know the condition of Sensex-Nifty.
Mumbai. Domestic markets Sensex and Nifty registered a rise in early trading on Monday. Along with softening of oil prices and positive trend in the global market, there was a bullish trend in Asian markets too. BSE Sensex rose 657.80 points to 77,571.30 in early trade while NSE Nifty rose 213.35 points to 24,215.10. Among the 30 companies included in the Sensex, Maruti’s share rose by four percent.
Shares of Hindustan Unilever, Larsen & Toubro, Adani Ports, Asian Paints and Mahindra & Mahindra also rose. On the other hand, shares of Kotak Mahindra Bank, Eternal, Tata Consultancy Services and Titan remained in loss. The price of international standard Brent crude fell by 0.27 percent to $ 107.9 per barrel.
According to stock market data, foreign institutional investors (FIIs) were sellers on Wednesday and sold shares worth Rs 8,047.86 crore. Whereas domestic institutional investors (DIIs) bought shares worth Rs 3,487.10 crore.
Comments are closed.