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Share Market Updates: There is tremendous boom in Asian markets, Sensex close to 61,000

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Share Market Updates: There is tremendous boom in Asian markets, Sensex close to 61,000

Sensex-Nifty in the green mark, increasing in the stock markets. (symbolic picture)

Mumbai:

Domestic stock markets have also registered a good jump on Wednesday amid the boom seen in Asian markets. After the opening, there was an increase in all the sectors. In early trade, the Sensex rose 397.48 points to 61, 014.37, while the Nifty rose 96.50 points to 18,152.25. There was tremendous rally in Asian markets today, which had an impact on the benchmark index. Japan’s Nikkei rose 1.86 percent. The Korean Index, KOSPI, was up 1.44 percent and the Shanghai Composite Index 0.35 percent.

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If we look at the domestic indices, the Sensex was at the level of 60,934.04 points with a jump of 317.15 points or 0.52% at 10.21 in the morning. At the same time, Nifty was at the level of 18,145.55, up by 89.80 points or 0.50%.

Realty and metal shares rose 1-1 per cent each. Hindalco’s stock rose 2.32 percent on Nifty. Tata Steel, JSW, IndusInd Bank also gained. On the other hand, Cipla, TCS, Nestle, Bajaj Finserv and Tata Consumer Products were in decline today.

If we talk about the previous trading, then on Tuesday, the markets were bullish for the third consecutive trading session. Sensex strengthened by 221 points and again crossed the level of 60,500. The market was supported mainly by buying in IT and financial stocks. After the initial ups and downs, the Sensex was bullish during trading and at one point it had gone up to the day’s high of 60,689.25 points. In the end, it closed at 60,616.89, up 221.26 points or 0.37 percent. At the same time, Nifty also gained 52.45 points, or 0.29 percent, to close at 18,055.75.

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