Share Market Live Update: The beginning of the stock market was strong today. Although the break on the decline going on for the last five sessions was taken on Wednesday itself, but today i.e. on Thursday, the 30-share key sensitive index Sensex of Bombay Stock Exchange rose 421 points to open at 57458 level, while Nifty also started trading. With green mark. Reliance Industries today reached a 52-week high of Rs 2756.
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In the early trade, the Sensex was up by 363 points at the level of 57400. Whereas, Nifty was trading at 17237 with a gain of 100 points. In early trade, except Titan, Tata Steel, HCL Tech and Nestle, all the stocks were on the green mark on the Sensex.
It was like this on Wednesday
The decline in the stock markets for the last five trading sessions came to an end on Wednesday and the BSE Sensex closed with a jump of 574.35 points. Reliance Industries, Infosys, TCS, HDFC Ltd. And the market bounced back due to buying in HDFC Bank.
The 30-share BSE Sensex closed at 57,037.50, up 574.35 points. The index had climbed 753.36 points at one time during trading. The Nifty of the National Stock Exchange also closed at 17,136.55 points with a gain of 177.90 points.
Vinod Nair, Head of Research, Geojit Financial Services said that there was low buying in HDFC Ltd and HDFC Bank, which had a positive impact on the market. Foreign investors are withdrawing money, while the market is getting help from domestic institutional investors (DIIs). This strikes some degree of balance.