For a second consecutive day, the Indian stock market rose sharply on Thursday. When the Sensex opened, it soared over 800, while the Nifty crossed 17,000 for the first time.
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This morning, Sensex gained 803 points to open at 57,620. As with Nifty, it opened at 17,203, up 228 points from its previous close. Today, investors’ confidence in the market was high, and they continued to buy. The Sensex rose 748 points to 57,564 by 9.35 am, while the Nifty rose 212 points to 17,187.
What was the sector’s performance?
The green mark was seen in almost all BSE sectors today. As of the beginning of trading, 1,676 shares were showing gains, while 331 shares were declining and 66 shares showed no change. The banking, capital goods, real estate, FMCG, pharmaceuticals, and PSU sectors have all seen growth of more than one percent.
Investing fiercely in these stocks
Today, investors bet heavily on banking stocks. Following this development, HDFC, UltraTech Cement, Axis Bank, Shree Cements, and Bajaj Finance saw their shares rise sharply. ONGC and IOC shares were suffering as a result.
Asian markets also opened up rapidly
On Thursday morning, Asian stock markets opened with gains. Singapore’s stock exchange is up 1.62 percent, while the Nikkei is up 3.59 percent. In addition, the South Korean stock exchange rose by 1.82 percent today.
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