Global Market Revival Boosts Sensex and Nifty

Mumbai: Driven by favorable momentum in global markets, Indian stock markets advanced. At the opening of trading on Thursday, all major indices were in the green. Nifty rose above 24,600 points.

Sensex gained 313.30 points (0.40%) to 79,429.49, and Nifty rose 93.90 points (0.38%) to 24,574.40 as trading continued. Today, 1,126 shares advanced while 401 shares declined. 118 shares were unchanged. The market’s strength came from gains in banking and non-banking financial institutions and large industrial groups.

Yesterday, the Indian stock market closed in the red. Sensex fell by 1,122.66 points or 1.40% to 79,116.19, and Nifty 50 slipped by 385.20 points or 1.55% to 24,480.50.