SENSEX cross 51 thousand points

Metal stocks boom may continue after dream run in FY21

MUMBAI: The stock market rose for the second consecutive day on Thursday on the strength of buying in oil and gas, metals, energy, etc. groups at the domestic level amid mixed signals of global level.

The 30-share sensitive index Sensex of the BSE rose 257.62 points to 51,039.31 points and the National Stock Exchange (NSE) Nifty climbed 115.35 points to 15,097.35 points. Along with the giants, there was buying momentum in the small and medium companies as well, with the BSE midcap rising 1.09 percent to 20,333.80 points and the smallcap ending 1.42 percent up at 20,304.98 points.

Shares included in the Sensex were buying in companies like HDFC Bank, Reliance Industries and Infosys. According to traders, the positive trend in the global markets also supported the domestic market. Among the Sensex stocks, Axis Bank gained the most by nearly three percent. After that, shares of IndusInd Bank, Axis Bank, ONGC, Kotak Bank, State Bank, HDFC Bank, Reliance Industries and Infosys also rose. In contrast, shares of Nestle India, Asian Paints, Hindustan Unilever and Tech Mahindra declined.

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