Business

Stock Market: Strong start of stock market, Sensex up 126 points, Nifty crosses 17 thousand

Photo:FILE

Share Market

stock market It’s off to a strong start. On the occasion of Eid, after the market is closed on Tuesday, the market is open in the green mark on Wednesday. The Bombay Stock Exchange index Sensex is trading 126 points higher at 57,102.86 points. At the same time, the Nifty of the National Stock Exchange also made a strong start and is trading 20 points higher at 17,089.90 points. Maruti, PowerGrid, ITC, Tata Steel, NTPC, SBI included in the Sensex are up. At the same time, HDFC, Reliance, HDFC Bank are registering a decline.

Strong impact on global markets

Markets around the world are watching the decision of the US Fed on interest rates. The Fed will announce a hike in interest rates today. The Fed may raise interest rates by 0.5%. SGX NIFTY had a strong start today. At the same time, strength has been seen in DOW FUTURES. The Dow gained 67 points and the Nasdaq 28 points. There was a slight rise in the US markets yesterday. Its effect is being seen on the Indian market. Today markets in China and Japan are closed.

NSE Nifty status

In the early trade, 26 out of 50 stocks included in the NSE Nifty are seeing gains. At the same time, the remaining 24 stocks are in the red mark. Talking about Bank Nifty, trading is being done at the level of 36,256, up about 100 points. Shares of Tata Power continue to remain strong today and other shares of Tata Group also remain bullish.

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