Mumbai, May 26 (IANS). The Indian stock markets closed in the green mark in Monday’s trading session. All -round purchases were seen in the market. At the end of the trading, the Sensex rose by 455.37 points or 0.56 percent to 82,176.45 and the Nifty was strong 148 points or 0.60 percent to 25,001.15.
Auto and IT shares led the boom in the stock market. Both Nifty Auto and Nifty IT index closed up by one percent. Apart from this, purchases were seen in metal, realty, media, energy, commodity, and PSE index.
Shopping was also seen in midcap and smallcap with largecap. The Nifty Midcap 100 index rose by 379.50 points or 0.67 per cent to 57,067.25 and the Nifty Smallcap 100 index at 64.45 points or 0.37 per cent to 17,707.80.
The Sensex pack had M&M, HCL Tech, Tata Motors, Nestle, ITC, HUL, L&T, Tech Mahindra, Infosys, IndusInd Bank, Titan, ICICI Bank, Bharti Airtel, Bajaj Finserv and TCS TCS TCS TCS. Eternal (Jomedo), UltraTech Cement, Power Grid, Tata Steel, NTPC, Kotak Mahindra Bank and Sun Pharma were the top losis.
Vinod Nair, Research Head of Geojit Investment Limited, said, “The dollar index declined following the US’s decision to postpone the tariff on EU, giving the domestic market support.”
He added, “These developments show that business talks are moving forward, which can help reduce market fluctuations. In addition, the onset of South-West monsoon and the decline in domestic bond yields have encouraged investors to focus on risks. The fourth gradation of the fourteenth grade data after an increase in rural consumption and the quarter for a quarter of the fourth grades. Because of the market performed better. “
The Indian stock market was open rapidly. At around 9.32 am, the Sensex was trading at 640.3 points or 0.78 percent to 82,361.46, while the Nifty was trading at 187.39 points or 0.75 percent to 25,040.45.
-IANS
ABS/
