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Share Market: Flat movement of Indian stock market, Sensex rises by 46.94 points, Nifty sluggish

Share Market Opening: Amidst the signals coming from the global market, the movement of the Indian stock market is sluggish. Today at 11 am, the Sensex was trading at 66,070.18 with a slight increase of 0.071% i.e. 46.94. Whereas, Nifty was also trading at 19,820.85 with a rise of 0.045% i.e. 9 points. However, at the opening of the market, the 30-share Sensex of BSE rose by 182.62 points to 66,205.86 in early trade, while the Nifty rose by 54.35 points to reach 19,866.20. Among Sensex companies, shares of Wipro, Asian Paints, Nestle, Mahindra & Mahindra, Bajaj Finserv, IndusInd Bank and ITC were among the gainers. Shares of UltraTech Cement and Hindustan Unilever declined. In other Asian markets, China’s Shanghai Composite was in gain, while South Korea’s Kospi and Hong Kong’s Hang Seng were in loss. American markets closed with a positive trend on Wednesday. Global oil benchmark Brent crude was trading 1.33 percent down at $80.87 per barrel. According to stock market data, foreign institutional investors (FIIs) sold shares worth Rs 306.56 crore on Wednesday.

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