After a continuous decline for the past few days, the Indian stock market seems to be turning around once again. The Indian stock market has recovered today after a slow decline amid a positive trend in global and Asian markets. Market indices opened on the green mark today.
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Sensex opened at 57436 level with gains of 269 points or 0.47 per cent, while Nifty started trading at 17266 level with gains of 93 points or 0.54 per cent.
All stocks, except Bharti Airtel, Infosys, HDFC Bank, HDFC, and HDFC, were trading green on the Sensex. A new record was set today by Adani Wilmar. Today’s price reached a 52-week high of 698.25. Meanwhile, Baba Ramdev’s company Ruchi Soya is reporting a rise of 2.04 percent.
Aside from Hang Seng in Asian markets, all other markets are in the green mark of bullishness. Taipei, Kospi, Shanghai Composite, Nikkei, and Strait Times are all seeing good gains.
A tremendous decline in the stock market took place on Monday, the last trading day before this. Sensex closed at 57166, down 1172 points or 2.01 per cent, while the Nifty index fell 292 points or 1.67 per cent to close at 17184.