Stock market recovered from the decline of last three trading sessions, Sensex gained 398 points and again crossed 82000.
Mumbai22 January. The strength in global markets due to US President Donald Trump’s soft stance on the Greenland issue was also reflected in the domestic stock market, which was successful in recovering from the decline of the last three consecutive trading sessions. In a session full of ups and downs, BSE Sensex again crossed 82,000 with a gain of 398 points while NSE Nifty gained 132 points and reached near 25,300.
Sensex 0.49 percentage increase 82,307.37 closed on points
Bombay Stock Exchange (BSE)’s benchmark index Sensex, based on 30 shares, closed at 82,307.37 points, up 397.74 points or 0.49 per cent amid fluctuations. At one time during trading, the Sensex had jumped 873.55 points to reach 82,783.18 points. Among Sensex related companies, shares of 24 remained strong while six registered a decline.
nifty 132.40 by increasing points 25,289.90 off on
At the same time, Nifty, the standard index based on 50 shares of National Stock Exchange (NSE), closed at 25,289.90 points, increasing by 132.40 points or 0.53 percent. At one time during trading, Nifty had reached the level of 25,435.75 with a rise of 278.25 points. Among Nifty related companies, shares of 39 closed in the green and 11 were weak.
Highest in Bharat Electronics stock 3.75% increase
Among the companies included in the Sensex group, the stock of Bharat Electronics saw the highest gain of 3.75 percent. Shares of Tata Steel, Adani Ports, State Bank of India, Bajaj Finserv, Asian Paints, Power Grid, Sun Pharmaceuticals, Kotak Mahindra Bank, Indigo, Hindustan Unilever, HCL Technologies and NTPC were also major gainers. On the other hand, shares of Eternal, Titan, ICICI Bank, Maruti Suzuki India and HDFC Bank were in the red.
FII has 1,787.66 Sold shares worth crores of rupees
According to stock market data, foreign institutional investors (FIIs) sold shares worth Rs 1,787.66 crore on Wednesday while domestic institutional investors (DIIs) bought shares worth Rs 4,520.47 crore. Meanwhile, international oil standard Brent crude fell 1.10 percent to $ 64.52 per barrel.
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