Categories: BusinessNews

Share Market: Stock market recovered on Tuesday, Sensex jumped 268 points, Nifty also crossed 19,779.

Share Market Opening: Amidst the strong trend in global markets, local stock markets opened with gains on Tuesday after two days of decline. The market also got support from buying in Reliance Industries and HDFC Bank. BSE’s 30-share Sensex rose by 268.31 points to reach 65,923.46 points in early trade. National Stock Exchange’s Nifty was trading at 19,779.10 points with a gain of 85.1 points. Among Sensex companies, shares of JSW Steel, Tata Steel, Titan, Reliance Industries, HDFC Bank and Infosys were in profit. Whereas shares of Larsen & Toubro, Maruti, Nestle and Hindustan Unilever were trading in loss. In other Asian markets, South Korea’s Kospi, Japan’s Nikkei, China’s Shanghai Composite and Hong Kong’s Hang Seng were in loss. American markets closed with profit on Friday. Global oil benchmark Brent crude was trading 0.44 percent down at $81.96 per barrel. According to stock market data, foreign institutional investors (FIIs)FII) sold shares worth Rs 645.72 crore on Monday.


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