Slight gains in stock markets, rise in European markets.
Mumbai:
Stock Market Updates : US inflation figures are coming on Thursday, which investors are waiting for. Meanwhile, mixed signals are being seen in the global markets. Nowadays there is a flat atmosphere in the domestic stock markets. On Wednesday, the Indian stock market opened with a slight increase. NSE Nifty is trading above the level of 15,750, while the Sensex is open above the level of 52,300.
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At 10.09 in the morning, the Sensex gained 146.77 points or 0.28% and the index was trading at the level of 52,422.34. At the same time, Nifty was trading at the level of 15,785.70 with a gain of 45.60 points or 0.29%.
At 09:16, the Sensex opened at the level of 52332.52 with a jump of 56.95 points i.e. 0.11%. On the other hand, Nifty climbed to 15756.30 with a gain of 16.20 points i.e. 0.10%. In the opening, 1486 shares rose, 390 shares declined and 66 shares did not change.
The European markets have seen tremendous growth. The FTSEurofirst 300 index closed with a gain of 0.08 per cent, which is a record high. At the same time, the STOXX 600 index closed at the highest level with a gain of 0.15 percent.
If we talk about yesterday’s closing, the local stock markets closed with minor losses on Tuesday amid a weak trend in Asian markets and major stocks like HDFC Bank, HDFC, Reliance Industries fell. The 30-share Sensex of BSE fell 52.94 points, or 0.10 percent, to 52,275.57 points. Similarly, the Nifty of the National Stock Exchange lost 11.55 points, or 0.07 percent, to close at 15,740.10.
There was a process of profit-booking in the shares of banking, financial and energy companies, while there was heavy buying at the IT counters. Foreign institutional investors sold shares worth a net Rs 186.46 crore on Monday, according to provisional data obtained from the stock exchanges.
(with input from language)