Share Market Open. Great opening of stock market, Nifty touched a new peak of 22,500.
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Mumbai On Thursday, both the standard indices of the domestic stock market, Sensex and Nifty, reached their new record levels in early trade amid strong trend in the American markets and increasing inflow of foreign capital. BSE’s 30-share index Sensex rose 159.18 points to an all-time high of 74,245.17 in early trade. Similarly, the National Stock Exchange (NSE) index Nifty also reached a new peak of 22,523.65 points with a gain of 49.6 points. However, after some time the market became volatile and both the indices fell below their record levels.
Among the Sensex companies, JSW Steel, Tata Steel, Bajaj Finance, Bajaj Finserv, Asian Paints and State Bank of India were the major gainers. On the other hand, there was a declining trend in the shares of Mahindra & Mahindra, Infosys, Axis Bank and ICICI Bank. In other markets of Asia, South Korea’s Kospi, Japan’s Nikkei, China’s Shanghai Composite and Hong Kong’s Hang Seng were trading with losses.
American markets were trading with gains on Wednesday. According to stock market data, foreign institutional investors (FIIs) made net purchases of shares worth Rs 2,766.75 crore on Wednesday. Meanwhile, international oil standard Brent crude fell 0.13 percent to $ 82.85 per barrel. On Wednesday, Sensex jumped 408.86 points to 74,085.99 and Nifty climbed 117.75 points to close at a new peak of 22,474.05.
Disclaimer: IndiaTheNews has not edited this news. This news has been published from PTI-language feed.
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