Green rally of stock market continues, Asian markets fall.
New Delhi:
Stock Market Updates : Green rally of domestic stock markets continues. On Tuesday, there was a decline in the Asian markets, despite this, the domestic benchmark indices have opened in the green with a jump. The market has continued yesterday’s rally due to a strong trend in the shares of Infosys, Reliance Industries and ICICI Bank. The Sensex was trading at 54,660.16 points, up 257.31 points or 0.47 per cent in early trade. On the other hand, the Nifty of the National Stock Exchange was up 64.05 points at 16,322.30 points in early trade.
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At 10.15 in the morning, the Sensex opened at the level of 54,641.45 with a gain of 238.60 points or 0.44%. During this, the Nifty was registering a gain of 56.95 points or 0.35% and the index was at the level of 16,315.20.
In the opening, Sensex opened with a gain of 147.37 points at 54,550.22 points. At the same time, Nifty reached 16,293.40 with a gain of 35.15 points.
19 shares of BSE opened in the green, while 11 declined. HDFC’s share rose the most among the Sensex companies, rising nearly two percent. Shares of Kotak Bank, IndusInd Bank, Reliance Industries and Axis Bank were also gainers. On the other hand, shares of PowerGrid, ITC, Bajaj Auto and Nestle India were trading in losses.
In the previous trading session, the Sensex closed at 54,402.85, up 125.13 points or 0.23 per cent. Similarly, Nifty was at 16,258.25 points with a gain of 20.05 points.