Share Market LIVE Update: Sensex and Nifty close higher for second consecutive day, investors earn Rs 5 lakh crore in two days
Sensex Today, Share Market Updates: There was huge turmoil in the Indian stock market today i.e. on Thursday. But despite all the ups and downs, both Sensex and Nifty closed with significant gains for the second consecutive day. Overall, investors’ wealth increased by Rs 5 lakh crore in two days. Amid mixed global signals, major indices Nifty 50 and Sensex remained on the rise for the second consecutive trading session on Thursday. The market rise was led by big IT companies like Infosys, TCS, and HCL Tech.
Even though the markets opened with a decline in the morning on Thursday, a strong rise was seen after some time. During the day’s trading, the Sensex jumped by more than 600 points and crossed 66,000. NSE’s Nifty also went above 19800. But after 3 pm, a heavy correction was also seen from the upper level of the day. Around 3.15 pm, Nifty was trading about 65 points above Wednesday’s closing price and Sensex was trading about 240 points above. But ultimately the Sensex closed at 65,982.48 with a rise of 306.55 points i.e. 0.47 percent. Whereas NSE’s Nifty increased by 89.75 points or 0.46 percent and closed at 19,765.20.
There was a special rise in IT shares during the day’s trading. Shares of Bajaj Finance and Bajaj Finserv also recovered after falling by 4 percent in early trade and were seen rising by about 1 percent. After Wednesday’s rise, Sensex and Nifty opened with a decline on Thursday, but soon the market recovered. Due to the strengthening of the dollar in foreign markets, the rupee fell by 9 paise to Rs 83.18 against the US dollar in early trade on Thursday.
Earlier, at the end of trading on Wednesday, BSE Sensex had closed at 65,675.93 with a gain of 742.06 points. NSE index Nifty 50 also closed at 19,675.45 with a jump of 231.90 points. The main reason for this rise in the market was the latest inflation rate figures in America, due to which the bond yields are falling.
