After a flat start to Mangalore, the BSE Sensex suddenly jumped by almost 300 points. The market has seen a rise after a long time. At the same time, the NSE’s Nifty index was also seen trading in the green zone, which suddenly brought happiness back to the stock market.
Indian stock market is seeing a rise after a long time. On Tuesday, the second trading day of the week, Sensex-Nifty made a fresh start, but their pace started increasing only after a long time. Where the 30-share Sensex of the Bombay Stock Exchange jumped by 300 points, the National Stock Exchange’s Nifty was also seen trading in the green zone. Meanwhile, shares of some big companies, which have been falling continuously for several days, also saw a rise, including companies like ICICI Bank, Tata Steel, Shriram Finance, M&M, Zomato and Airtel.
Market rises amid weak global signals.
Due to slowness in American stock markets and Asian markets, global signals for the market were getting weak and accordingly Sensex-Nifty started trading. BSE Sensex opened at its previous closing level of 74,440.30 and after some time it jumped to the level of 74,785. On the other hand, NSE Nifty opened at 22,516.45 and went up to the level of 22,625.30. Jesse suddenly happiness returned to the stock market.
Positive start of 1520 Shares
At the start of trading in the stock market on Tuesday, shares of 1520 companies opened in the green zone with gains, while shares of 670 companies opened in the red with a decline. Meanwhile, there remained 139 shares in which no change of any kind was seen. Shriram Finance, ICICI Bank, Tata Steel, Trent, Maruti Suzuki had made a strong start in the early trade, while shares of L&T, BI Life Insurance and TCS opened with a slip.
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