314 points got Sensex, Nifty Cross 24,850, It Share Shine
The Indian stock market rose for the fifth consecutive day on Tuesday. The benchmark index Sensex and Nifty closed in green brand due to the increase in IT and pharmaceutical stocks. The 30 -SHARE BSE Sensex opened nearly 342 points to 81.130. During the day trading, the index continued to trade at high levels of 81.181.37 and low in 80,927.97. Eventually, the index rose by 314 points or 0.39% to close at 81.101.32. Similarly, the Nifty 50 of the National Stock Exchange (NSE) also opened 91 points at 24.864. During the trade session, the index continued to trade at a high level of 24,891.80 and in 24.814 layer. Eventually, the Nifty closed 50 95.45 points or 0.39% to close at 24,868.60. Infosys was the highest among the Sensex 30 shares. Its shares rose 5% to £ 1,504. The stock alone contributed to the BSE measure of 217 points. Under the Rupee 88, the dollar looks weak, 25 paise strong Indian rupes strong and trades under 88 against the dollar. The domestic currency jumped due to the increase in Asian markets and a decrease in the dollar index. According to Bloomberg, the rupee increased by 25 paise to 88.01 on Tuesday. According to experts, the dollar weakness in international markets and the surge in Asian currencies has strengthened the rupee. In the midst of this fasting, investors are watching the emerging economic figures and world signals. Mixed trend in Asian markets has been seen in Asian markets today. China’s CSI 300 index fell by 0.19%, while Hong Kong’s Hang Seng rose 0.3%. South Korea’s Kospi also climbed 0.49%. Japan’s Nikkei 225 index jumped 0.9% to a record height. This is the second consecutive day when Nikkei accelerated. The market has a strong witness to strength after Prime Minister Shigeru Ishiba’s resignation was announced. Technical shares on Wall Street closed the US market on Monday. Dow Jones rose 0.25%, Nasdac 0.45%and S&P 500 index 0.21%. Nasdac set a new record. Technical stocks have accelerated tremendously. Investors hope the US Federal Reserve could lower interest rates next week. Gold price remains more than $ 3,600 for the first time in the commodity market. The price of gold crossed $ 3,600 per ounce for the first time on Monday. India’s weight in the MSCI emerging market index has reached a lower level of about two years. This decline is due to the poor performance of the domestic stock markets. The MSCI index is an important benchmark for world investors.