Business

Bat in the market: Sensex crossed 56,000 for the first time, Nifty reached near 17,000

Mumbai: Amid a positive trend in Asian markets, major stock indices Sensex surged over 250 points to 56,000 for the first time in early trade on Wednesday, led by gains in big stocks like HDFC, HDFC Bank and Reliance Industries. crossed over.

The biggest gain of two percent in the Sensex was in HDFC Bank. Apart from this, UltraTech Cement, Bajaj Finance, PowerGrid, L&T, Bajaj Finserv and HDFC were also among the top gainers. On the other hand, IndusInd Bank, Kotak Bank, Bajaj Auto and Infosys declined.

In other Asia markets, the shares of Shanghai, Hong Kong, Tokyo and Seoul were trading with gains in the mid-session. Meanwhile, international oil benchmark Brent crude was trading 0.25 per cent higher at $69.20 per barrel. Tech Mahindra, Asian Paints and Hindustan Unilever were among the top gainers in Sensex on Tuesday, while IndusInd Bank, HDFC Bank and Mahindra & Mahindra were among the top losers.

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Shivam Bangwal

Shivam Bangwal is a young entrepreneur who hails from Uttarakhand. Shivam is a professional full time Digital Marketing and PR expert with a post graduation degree of Master's of Computer Applications. He is a founder of Youthistaan, People News Chronicle, Branding Panther and Digital Leader.

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