Stock Market LIVE: Sensex-Nifty open in green mark, signs of market boom

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upheaval in crude oil

Russia’s Deputy Prime Minister Alexander Novak has said that there is no need for further cuts in OPEC Plus production. Brent crude futures stood at $78.29 per barrel and WTI crude futures at $74.81 per barrel. Meanwhile, after the weakness in the dollar on Thursday, weakness was also seen in gold. Spot gold declined by 0.08% to $1,987.81 an ounce. Whereas, Gold Futures is at the level of $ 1,998.1 an ounce with a slight decline of 0.06 percent.

Know how was the condition of the market on Thursday

Both the major indices of the domestic stock market closed with gains for the fourth consecutive trading day on Thursday due to inflow of foreign funds and increased buying in shares of information technology (IT) and telecom companies. According to analysts, heavy buying in major companies like Infosys and Reliance Industries supported the business sentiment. At one time it had jumped up to 397.73 points during the trading. The benchmark index Nifty of the National Stock Exchange (NSE) also gained 101.45 points, or 0.57 percent, to reach 17,915.05 points.

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