Sensex closes up by 260 points

Good recovery in stock market

Mumbai: In the domestic stock market today, shopping has been seen in the country amid increasing cases of corona virus. In trade, both the Sensex and Nifty closed in the index strong. When the Nifty closed above 14550, the Sensex also crossed the 48800 level. Currently, the Sensex has gained about 260 points at the end of trading and closed at the 48804 level.

At the same time, the Nifty has also closed at the level of 14581 with a gain of 77 points. In today’s business, shopping in banks, financial, pharma and metal stocks has been seen. While there has been weakness in auto and realty. Because of the rise in crude, ONGC has been growing by about 3 per cent, after the results, Infosys has seen a weakness of about 3 per cent.

Talking about global signs, there is hope for a good result in the US. The Dow Jones closed up 54 points on Wednesday. However the S&P 500 and Nasdaq fell from the upper levels to close. Today there has been a mixed trend in Asian markets.

In today’s trade, 17 stocks of Sensex 30 have been rising, while 13 stocks have closed in the red mark. The list of top gainers includes TCS, ONGC, ICICI Bank, HDFC Bank, Dr. Reddy’s, HDFC, Axis Bank and HCL Tech. While the top losers include Infosys, IndusInd Bank, Maruti, Nestle India, Bajaj Finance, Ultratech Cement and ITC.

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