Business

Strong start of share market, Sensex jumps 326 points to cross 54,000, Nifty also rises

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stock market

Share Market It’s a strong start. BSE Sensex is trading 326.42 points higher at 54,075.68 points. At the same time, NSE Nifty opened at 16,114.20 points with a gain of 88.40. Banking, metal and IT stocks are seeing gains in early trade today. This strength in the market has come on the back of a rally in the global market. The Asian market, including the US, is seeing a boom today. Due to this the market has come back up.

Market closed after three consecutive falls

Despite a firm trend in the global markets, the domestic stock markets on Wednesday lost early gains for the third consecutive day due to heavy selling in the stocks of information technology (IT) and consumer companies. The 30-share BSE Sensex once again fell 303.35 points, or 0.56 per cent, to 53,749.26 after losing early gains. Similarly, the Nifty of the National Stock Exchange also slipped 99.35 points, or 0.62 percent, to close at 16,025.80.

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