Stock markets continue to rise, Nifty running at record high.
Mumbai:
Stock Market Updates : The stock market continues to rise on Friday as well. Amid positive global cues, the National Stock Exchange’s index Nifty opened at its record high today. The Sensex had also gained about 300 points in the opening. Leading stock index Sensex rose over 300 points in early trade on Friday led by gains in big stocks like Reliance Industries, HDFC and ICICI Bank amid positive cues from global markets.
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During this, the 30-share BSE index was trading 306.57 points or 0.60 per cent higher at 51,421.79 and the broader NSE Nifty was trading 101.15 points or 0.66 per cent higher at 15,439.
ONGC was the biggest gainer of three percent in the Sensex. Apart from this, Reliance Industries, SBI, IndusInd Bank, HDFC, ICICI Bank and Axis Bank were also included in the rally.
On the other hand Sun Pharma, Dr Reddy’s, M&M, Bajaj Auto and Nestle India were trading in the red mark. In the previous session, the Sensex closed 97.70 points or 0.19 per cent higher at 51,115.22 and the Nifty was up 36.40 points or 0.24 per cent at 15,337.85.
According to provisional data of the stock market, foreign institutional investors (FIIs) sold shares worth Rs 660.90 crore on a gross basis on Thursday. Meanwhile, international oil benchmark Brent crude was trading 0.39 per cent higher at $69.47 per barrel.
(This news has not been edited by the NDTV team. It has been published directly from the Syndicate feed.)