Stock Market Update: On Tuesday, the domestic stock market opened with a green mark on the back of better results from the global market. At the beginning of the trading session, both Sensex and Nifty saw a rise. The 30-point Sensex started trading with a gain of 39 points at 59,285.36. Apart from this, the 50-point Nifty index also saw early gains and opened up 30 points at the level of 17,695.70.
At the beginning of the trading session, 27 out of 30 Sensex stocks saw a rise. A gain of more than 1 percent was seen in the stock of NTPC. ITC, Nestle India and Wipro’s shares saw a fall. The top gainers of Nifty were APOLLO HOSPITAL, POWER GRID, RELIANCE, HDFC LIFE and COAL INDIA. At the same time, NESTLE INDIA, ITC, WIPRO and TECH MAHINDRA were among the top losers.
On the other hand, the global market also seems to be in a good mood after the ongoing decline for several days. There is a slight rise in the Asian market. SGX Nifty is seen trading above 17700 with slight gains. Steps have been taken by China to increase forex liquidity. Euro, Britain’s pound are under pressure. Crude oil has jumped due to oPEC+’s decision to cut production by 1 lakh barrels per day from October. Brent Crude is close to $ 95 a barrel and WTI is close to $ 90 a barrel.
Earlier, the domestic stock market showed strength on Monday, the BSE Sensex climbed more than 442 points and crossed the level of 59,000 points. At the end of the trading session, the 30-share BSE Sensex gained 442.65 points to close at 59,245.98 points. At the same time, the Nifty of the National Stock Exchange climbed 126.35 points to close at 17,665.80.