Mumbai, May 29 (IANS). The Indian stock market closed in a green mark in Thursday’s trading session. All -round purchases were seen in the market. The Sensex rose by 320.70 points or 0.39 per cent to 81,633.02 and the Nifty was 81.15 points or 0.33 per cent to 24,833.60.
Positive global signs are believed to be the reason for the market boom. The American court has canceled the reciperook tariff and considered it unconstitutional. This has improved the sentiment.
Shopping was seen in midcap and smallcap with largecap. The Nifty Midcap 100 index rose by 315.85 points or 0.55 per cent to 57,457.25 and the Nifty Smallcap 100 index was 105.40 points or 0.59 per cent to 17,889.
Metal, IT, Financial Services, Realty, Media and Energy Index were in green mark on sectoral basis, while PSU Bank, FMCG and PSE were in red mark.
The Sensex pack had IndusInd Bank, Sunforma, Adani Ports, Eternal (Zomato), Tata Steel, Tech Mahindra, Tata Motors, Infosys, Maruti Suzuki, Power Grid, Axis Bank, Titan Company, Kotak Mahindra Bank, Nestle, Reliance Industries and Bharati Airtel Top Gaunts. Bajaj Finance, Bajaj Finserv, ITC, Asian Paints and NTPC were the top losis.
Vinod Nair, Head of Research Investments Limited, said, “Global sentimans improved after the US court rejected Donald Trump’s reciperook tariff policy. However, the domestic market was mostly limited during the day due to rising oil prices and more yields on 10 -year bonds in the US.
At the same time, the metaphor of LKP Securities said that 24,670 is a strong support for Nifty. If the index goes below this level, then the levels of 24,400 to 24,300 can be seen. If the Nifty crosses the level of 25,000, then the level of 25,150 can also be seen.
The stock market started in the green mark. At around 9.29 am, the Sensex was trading at 237.56 points or 0.29 percent to 81,549.88, while the Nifty was 57.00 points or 0.23 percent to 24,809.45.
-IANS
ABS/
