Mumbai, July 1 (IANS). The Indian stock market closed in a light green mark in Tuesday’s trading session. At the end of the trading, the Sensex closed at 83,697.29 with a slight gain of 90.83 points or 0.11 percent at 83,697.29 and the Nifty closed at 25,541.80 with a slight rise of 24.75 points or 0.10 percent.
Banking stocks did the work of keeping the market in green mark. The Niftybank closed at 57,459.45 with a gain of 146.70 points or 0.26 percent.
Additionally, PSU bank, metal, private bank, infrastructure and commodity index closed in green mark. At the same time, auto, IT, financial services, FMCG, realty, media and energy index closed in red mark.
The Sensex packs were BEL, Asian Paints, UltraTech Cement, Kotak Mahindra Bank, HDFC Bank, Infosys, Titan, Bharti Airtel, Tata Steel, HUL, Bajaj Finance and SBI Gainers. Axis Bank, Trent, Eaterial (Jomato), Tech Mahindra, ICICI Bank, TCS, NTPC, Power Grid, Tata Motors and Sun Pharma Louquers were Louquet.
Apart from this, positive business was seen in the rupee today and it rose 0.28 percent to Rs 85.51 against the dollar.
Jatin Trivedi of LKP Securities said, “The rupee is trading positively at 85.51 against the dollar to an increase of 0.28 per cent at 85.51, which is getting support from continuous weakness in index and crude oil prices.”
He further said, “The softened atmosphere of the dollar has helped the rupee to continue its recent boom. Market participants will closely monitor the major American figures this week, including non-form payroll, unemployment rate and ADP employment data, which can affect the direction of the dollar. The rupee is expected to trade within the limits of 85.20 to 85.80 rupees.”
The Indian benchmark index was open in the green mark amid positive global signals. Around 9.26 am, the Sensex was trading at 188.66 points or 0.23 percent to 83,795.12, while the Nifty was 54.80 points or 0.21 percent to 25,571.85.
-IANS
ABS/
