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Share Market: Improvement seen in the stock market today, Nifty above 17,100; TCS, HDFC up

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After yesterday’s fall in the stock market, improvement was seen today.

Mumbai:

After yesterday’s decline, the domestic stock market is running on the day of weekly expiry today. Today, the Sensex rose up to 105 points in early trade and the index reached 57,287.79. At the same time, after opening, Nifty 50 reached an intraday high of 17,112.05. The Sensex jumped 85.44 points or 0.15%, opening at the level of 57,423.65. At the same time, Nifty jumped 19.15 points or 0.11% during this period and opened at the level of 17,095.40.

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At 9.56 in the morning, the Sensex was trading at the level of 57,476.51 with a gain of 138.30 points or 0.24%. At the same time, the Nifty was registering a gain of 45.55 points or 0.27% and the index was at 17,121.80.

Tata Consultancy Services, HDFC, Hindustan Unilever, Titan, L&T, Reliance and UltraTech Cement were the top gainers in early trade. On the other hand, Asian Paints, Axis Bank, Infosys, CL Tech and ICICI Bank did not gain much in the market due to the fall in the shares.

If we talk about Asian markets, then there was concern in the market due to showing a defensive mode in the dollar index and slightly lighter figures in the Chinese economy.

In yesterday’s closing, the Sensex had fallen by 214 points. Despite a strong trend in global markets, the market came down due to losses in Infosys, HDFC and TCS. Investors preferred profit-booking as the share price reached higher levels.

The Sensex had gone up to a record new high of 57,918.71 points at one time during trading, but in the end the gains were not sustained and the Sensex closed down 214.18 points, or 0.37 percent, at 57,338.21 points. At the same time, Nifty closed at 17,076.25, down 55.95 points or 0.33 percent. During trading, this record had gone up to 17,225.75 points.

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