last business day of the week The Indian stock market has had a strong start on Friday. BSE Sensex opened 383.93 points higher at 72,884.23 points. At the same time, NSE Nifty has also reached 22,119.05 points with a rise of 136.25 points. Stocks included in Sensex like Tata Steel, Tata Motors, L&T, Mahindra are seeing a rise. On the other hand, shares of Sun Pharma, Nestle and Infosys are trading in the red.
Let us tell you that on Thursday, BSE Sensex had closed up by 195 points in volatile trading. The Sensex based on 30 shares closed at 72,500.30 with a rise of 195.42 points or 0.27 percent. At the same time, Nifty of National Stock Exchange also closed at 21,982.80 points with a gain of 31.65 points or 0.14 percent. Vinod Nair, Head of Research, Geojit Financial Services, said that many important economic data are to be released this week, in view of this, investors have adopted a cautious attitude. Among the Sensex companies, IndusInd Bank, Mahindra & Mahindra, HCL Tech, Power Grid, Maruti, State Bank of India, Titan, Asian Paints, Nestle and UltraTech Cement were the major gainers. Reliance Industries shares strengthened by more than half a percent. The company’s shares have risen after the announcement of merger of Viacom18 media and entertainment assets with Star India. In other markets of Asia, South Korea’s Kospi, Japan’s Nikkei and Hong Kong’s Hang Seng were in loss while China’s Shanghai Composite was in profit. Major markets in Europe were trading with losses in early trade. US markets were in slight loss on Wednesday.
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