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Tag: Indian Stock Market

Indian stock market improved on Friday after sharp fall on Thursday, Sensex jumps

Indian stock markets rebounded on Friday after experiencing a significant drop on Thursday. The recovery brought a sense of relief as key indices regained lost ground.

The Nifty index climbed back above 24,000, and the Sensex saw an impressive rise of over 300 points. Early trading on Friday reflected this positive momentum. The BSE Sensex gained 216.18 points, reaching 79,259.92, while the NSE Nifty rose 78.6 points to settle at 23,992.75.

At the market’s opening, the Nifty 50 index recorded a slight increase of 13 points, or 0.05%, reaching 23,927.15. Meanwhile, the BSE Sensex started with a minor drop of 10 points, or 0.01%, at 79,032.99 but quickly turned positive.

On the currency front, the Indian rupee weakened slightly, trading at 84.49 against the US dollar, a two-paise drop in early trading.

Foreign investors return to Indian stocks with net investment of Rs 4897 cr this week

This week (August 19–23), foreign investors returned to the Indian stock market in a big way.

The National Securities Depository Limited (NSDL) reports that foreign investors bought equity worth a net total of Rs 4,897.16 crore.

Comparing this to the previous week (August 12–17), when foreign portfolio investors were net sellers, selling stocks worth Rs 7,769.73 crore, is a big difference.

Sensex and Nifty Break Records: Sensex Opens at 80,322, Nifty at 24,369

Stock Market News: Indian stock markets scaled new heights on Thursday, as both the Sensex and Nifty opened at record highs. The Sensex opened at 80,322 points, while the Nifty opened at 24,369 points. This comes after a remarkable surge of more than 3,000 points for the Sensex since June 10th.

Market analysts attribute the rally to a combination of factors, including positive global cues and upbeat domestic investor sentiment. The ongoing earnings season for Indian companies has also been positive, with many companies reporting strong financial results. This has boosted investor confidence and led to increased buying activity in the stock markets.

Experts believe that the Indian stock market rally is likely to continue shortly. They cite several factors that could support further gains, such as continued positive sentiment from global markets, healthy corporate earnings, and a stable economic outlook in India.

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