Stock market closed with gains for the second consecutive day, Sensex crossed 109 points and Nifty crossed 24,056.

The Indian stock market ended with gains for the second consecutive trading session on Thursday. The fall in crude oil prices and positive signals from global markets strengthened investor confidence. However, the initial gains were limited to a great extent due to profit-booking in other parts of the business.

bse sensex With an increase of 109.25 points i.e. 0.14 percent 77,100.47 But it closed. The beginning of trading was positive and the Sensex at one time was up by 811.96 points. 77,803.18 Had reached intraday high of Rs. But in the second half of the day, most of the gains were reduced due to increased selling in select sectors.

There itself, nse nifty 50 Also with an increase of 34.35 points i.e. 0.14 percent 24,056 But it closed. Nifty during trading 24,261.60 highest and 24,039 Touched the lowest level of.

Indigo stock with biggest gain

in Sensex companies InterGlobe Aviation (Indigo) Its shares rose the most by 4.82 percent. Other than this Mahindra & Mahindra, Maruti Suzuki, State Bank of India, ICICI Bank and Hindustan Unilever. Good buying was also seen in shares of.

On the other end Power Grid, Bharat Electronics, Tech Mahindra, Infosys and Bharti Airtel Shares closed with a decline.

Auto sector remains strong

Auto sector shares performed better in the day’s trading. Softening of metal prices and hopes of improvement in retail demand supported the shares of auto companies. However, the market’s gains remained limited due to profit-booking in the IT and metal sectors.

Market got support due to fall in crude oil

According to market experts, the fall in crude oil prices in the international market brought relief to investors. This increased the expectation of reduction in inflationary pressure and the rupee was also likely to strengthen.

brent crude Price fell by 1.26 percent $72.81 per barrel But it arrived, due to which the market sentiment remained positive.

Global markets also supported

Asian markets also witnessed tremendous growth. South Korea’s Kospi index 5.42 percent And Japan’s Nikkei 225 index 4.61 percent It closed with a strength of Rs. Positive business was also seen in European markets, which had an impact on the Indian market as well.

Foreign investors sold

According to exchange data, on Wednesday Foreign Institutional Investors (FII) in the Indian stock market Rs 1,843.40 crore Shares were sold. Despite this, buying by domestic investors and global positive signals kept the market under control.

Now investors are eyeing next week

on friday muharram Indian stock market will remain closed on the occasion of. In such a situation, investors will now keep an eye on global economic signals, crude oil prices and activities of foreign investors in the next business week. Market experts believe that if crude oil prices remain under control and the trend of global markets remains positive, then the bullish trend in the Indian market may continue further.