The Sensex rose 581.26 points or 0.99 per cent to 59,398.55 in early trade. Similarly, the broader Nifty of the National Stock Exchange also rose 159.80 points or 0.91 per cent to 17,694.55.
Share market registered a boom
Major stock indices led by buying in information technology, financial and banking stocks amid a firm trend in global markets. Sensex It climbed more than 580 points in early trade on Thursday. The BSE 30-share Sensex rose 581.26 points, or 0.99 per cent, to 59,398.55 in early trade. Similarly, the broader Nifty of the National Stock Exchange also rose 159.80 points or 0.91 per cent to 17,694.55.
On the other hand, the rupee fell by 6 paise to 79.31 against the US dollar in early trade. Earlier on the trading day, the rupee had seen a rise against the dollar in the initial trading. With this, both Sensex and Nifty had registered a fall in early trade yesterday.
what was the move of the shares
The shares of all the companies included in the Sensex were trading in the green mark. Of these, the maximum increase of three percent was in Tech Mahindra. Apart from this, Wipro, Infosys, ICICI Bank, IndusInd Bank, TCS, Bajaj Finserv and Bajaj Finance were also among the top gainers. In the previous session, the 30-share Sensex closed at 58,817.29, down 35.78 points, or 0.06 per cent, on Wednesday. At the same time, the Nifty of the National Stock Exchange closed at 17,534.75 points with a slight gain of 9.65 points or 0.06 percent.
In other Asian markets, there was a rise in Shanghai, Hong Kong and Seoul, while Tokyo was trading in the red mark. Meanwhile, international oil benchmark Brent crude was down 0.23 per cent at $97.18 per barrel. According to stock market data, Foreign Institutional Investors (FIIs) were net buyers in the capital market. He bought shares worth Rs 1,061.88 crore on Wednesday.
The rupee was trading in a limited range against the US dollar in early trade on Thursday amid gains in the domestic stock market. The rupee was trading in a narrow range against the US dollar in the interbank foreign exchange market. The rupee opened at 79.22 against the US dollar, then it fell to 79.31, which shows a decline of six paise against the previous closing price.
Rupee was trading in the range of 79.22 to 79.31 in early trade. On Wednesday, the rupee had gained 38 paise to close at 79.25 against the US dollar. Meanwhile, the dollar index, reflecting the US dollar’s position against the six major currencies, rose 0.16 per cent to 105.36. Global oil benchmark Brent crude futures were trading 0.12 per cent higher at $97.28 per barrel. Foreign institutional investors bought shares worth a net Rs 1,061.88 crore on Wednesday, according to provisional stock market data.