sensex nifty update today stock market closes on high note good global cues and investors buying mdn

Stock Market Closing Bell: Today the Indian stock market opened with a green mark amid strong signals from the global market. After this, the stormy rise in the market continued throughout the day. At the time of closing, BSE Sensex closed with a huge gain of 742. Amidst the boom in the global market, there was a surge in domestic markets with favorable inflation data in America. Due to encouraging reports regarding inflation in America, the possibility of the Central Bank Federal Reserve not increasing the policy rate further has increased. BSE Sensex based on 30 shares jumped 742.06 points or 1.14 percent to close at 65,675.93 points. During trading, it had climbed up to 813.78 points at one point. National Stock Exchange’s Nifty also increased by 231.90 points or 1.19 percent and closed at 19,675.45 points. Among the Sensex companies, Tech Mahindra, Tata Motors, Infosys, Wipro, Tata Steel, Tata Consultancy Services, Reliance Industries and Axis Bank were the major gainers. Loss making stocks include Bajaj Finance, IndusInd Bank and Power Grid.