Indian Stock Market There was volatility throughout the day today. After a strong opening in early trade, profit booking was seen in the stock market. At the close of the market, the BSE Sensex jumped 36 points to close at 77,337 points. On the other hand, the NSE Nifty fell 42 points to close at 23,516 points. Today, there was a great rise in banking stocks. Bank Nifty rose 957 points to reach 51,398 points. Axis and HDFC Bank shares saw a good rise in today’s trading. AXISBANK stock jumped 3.17% to Rs 1229.
The Sensex and Nifty hit new all-time highs in early trade on Wednesday amid strong global market sentiment, buying in banking stocks and inflow of foreign funds. The 30-share BSE Sensex rose 280.32 points to a new all-time high of 77,581.46 points in early trade. The National Stock Exchange’s Nifty rose 72.95 points to a new record level of 23,630.85.
The shares of these companies rose
Among the Sensex companies, shares of Indusind Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, Infosys, Tata Consultancy Services and HDFC Bank were in profit. On the other hand, shares of Titan, NTPC, Power Grid and Bajaj Finance were trading with a decline. In other Asian markets, South Korea’s Kospi, Japan’s Nikkei and Hong Kong’s Hang Seng were in profit, while China’s Shanghai Composite was in decline.
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