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Share Market: Strong start of Indian stock market, Sensex opened above 66 thousand, Nifty near 19850.

Share Market Opening: After three days of closure, the Indian stock market has made a very strong start. Due to buying of foreign funds, initial trading in the domestic markets was brisk on Tuesday, but after ups and downs the trading remained flat. BSE’s 30-share Sensex rose 128.76 points to 66,098.80 in early trade. Nifty rose 53.35 points to 19,848.05. However, later both the indices faced volatility and traded marginally higher. Among Sensex companies, shares of UltraTech Cement, Bajaj Finserv, Tata Steel, Wipro, Tata Motors, Titan, Asian Paints and State Bank of India were among the gainers. Shares of HCL Technologies, Reliance Industries, ICICI Bank, Infosys and IndusInd Bank suffered losses. In other Asian markets, South Korea’s Kospi and China’s Shanghai Composite were in profit, while Hong Kong’s Hang Seng and Japan’s Nikkei were in loss. American markets closed with a slight decline on Monday. Global oil standard Brent crude was trading at $ 80.21 per barrel with a gain of 0.29 percent. According to stock market data, foreign institutional investors (FIIs) had bought shares worth Rs 2,625.21 crore on Friday.

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