Business Desk, AnyTV, New Delhi
Published by: Vivek Das
Updated Mon, 27 Jun 2022 03:43 PM IST
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On Monday, the Sensex closed at 53161.28, up 433.30 (0.82%) points. On the other hand, Nifty closed at 15832.05 with a jump of 0.85 per cent or 132.80 points. The special thing is that despite the sell-off of Foreign Institutional Investors (FIIs) in the market on Monday, the indices have been seen trading in the green mark.
Indian stocks traded at the highest level of the last two weeks on Monday. For the third consecutive trading session, Indian indices have been seen trading in the green. It is believed that this rally in the market is visible due to the improvement in the performance of technology stocks and relief in oil prices. Due to some relief in oil prices, the fear of inflation among investors is visible.
After a strong closing in Wall Street last week, most Asian markets were seen trading in the green on Monday. On Monday, the performance of Nifty’s sub-index Nifty IT has been the best. Nifty IT is seen trading at its highest level since June 10 with a gain of 3 per cent on Monday.