Share Market Live Update: The stock market has made a strong start on Wednesday. Sensex and Nifty opened with gains today. BSE’s 30-share key sensitive index Sensex opened at 58,198.64 with a gain of 209.34 points at 9:15 am. On the other hand, Nifty started trading today with a green mark.
Sensex jumps 311.73 points in opening trade 58,301.03 was on the level. Whereas, Nifty was at the level of 17,407.75 with a gain of 92.25 (0.53%) points.
Sensex-Nifty strong, recovering from early fall
Domestic stock markets recovered from early losses on Tuesday and closed with gains of over one per cent. Buying in shares of Reliance Industries, Infosys and TCS, which have strong stake in the index, strengthened the market. The 30-share BSE Sensex closed at 57,989.30, up 696.81 points, or 1.22 per cent.
During trading, it went up to 58,052.87 points in the high and came down to 56,930.30 points. During the day’s trading, the Sensex had climbed up to 760.38 points at one time. According to stock market data, foreign institutional investors were net sellers in the capital market. He sold shares worth Rs 2,962.12 crore on Monday.
The Nifty of the National Stock Exchange also closed at 17,315.50 with a gain of 197.90 points, or 1.16 percent. Of the 30 Sensex stocks, Tech Mahindra, Reliance Industries, Bajaj Finserv, ITC, TCS, IndusInd Bank, Kotak Mahindra Bank, Infosys and Power Grid were the top gainers. On the other hand Hindustan Unilever Ltd., Nestle India, NTPC and Sun Pharma were the losers.