Stock Market Today: Market heated up due to US-Iran talks and huge fall in crude oil, know the condition of Sensex-Nifty
Mumbai. Domestic stock markets Sensex and Nifty saw a rise in early trading on Monday amid a sharp fall in crude oil prices and improving global sentiment regarding US-Iran talks. In early trade, the 30-share BSE Sensex jumped 908.98 points to 76,317.85. At the same time, the 50-share NSE Nifty rose 262.65 points to 23,977.70.
Among the 30 Sensex companies, Mahindra & Mahindra, HDFC Bank, Bajaj Finance, Bajaj Finserv, Larsen & Toubro and InterGlobe Aviation (IndiGo) were among the top gainers. On the other hand, shares of Tata Consultancy Services (TCS) and Sun Pharma witnessed a decline.
International benchmark Brent crude fell 5.58 per cent to $97.76 per barrel in futures trade. In Asian markets, Japan’s Nikkei 225 and China’s SSE Composite were in the lead, while the markets of South Korea and Hong Kong remained closed due to holidays. US markets closed at positive levels on Friday.
According to stock market data, foreign institutional investors (FIIs) had sold shares worth a net Rs 4,440.47 crore on Friday. On Friday, the Sensex closed at 75,415.35 points with a gain of 231.99 points, while the Nifty closed at 23,719.30 points with a gain of 64.60 points.
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