Share market was full of ups and downs today, Sensex registered a slight gain of 33 points.
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Mumbai The rally in the local stock markets continued for the second consecutive day on Thursday and both the benchmark indices…BSE Sensex and NSE Nifty…reached new peaks. The market remained at new high due to buying in shares of metal and daily use goods (FMCG) companies amid strong trend in global markets and capital inflow of foreign institutional investors. In volatile trading, the Sensex closed at a new record level of 74,119.39 points with a gain of 33.40 points or 0.05 percent. At one time during trading it had climbed 159.18 points.
National Stock Exchange’s Nifty, based on fifty shares, also closed at a new record level of 22,493.55 points with a gain of 19.50 points or 0.09 percent. It had climbed up to 51.6 points during trading. Among the Sensex companies, Tata Steel, JSW Steel, Tata Motors, Bajaj Finserv, Bajaj Finance, Asian Paints, ITC and Nestle were the major gainers. On the other hand, loss making stocks include Mahindra & Mahindra Reliance Industries, Axis Bank, ICICI Bank and Power Grid.
In other markets of Asia, South Korea’s Kospi was in profit while Japan’s Nikkei, China’s Shanghai Composite and Hong Kong’s Hang Seng were in loss. There was a mixed trend in early trade in major markets of Europe. US markets were in gains on Wednesday. According to stock market data, foreign institutional investors (FIIs) bought shares worth Rs 2,766.75 crore on Wednesday. Global oil benchmark Brent crude fell 0.65 percent to $ 82.42 per barrel. BSE Sensex closed at record high on Wednesday by rising 408.86 points and Nifty by 117.75 points.
Disclaimer: IndiaTheNews has not edited this news. This news has been published from PTI-language feed.
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