Mumbai: Continuation of growth in Indian stock market continues. On the second trading day of the week, the Sensex closed over 34,500 points in the first one-hour trading by over 300 points. Similarly, in the case of Nifty, it was seen trading at a level of 10,300 points with a strength of about 90 points. However, it lost this edge in some time and both the Sensex-Nifty came in the red mark.
Shares of Sun Pharma, IndusInd Bank, Asian Paint, ITC, Axis Bank, HDFC were up in early trade, while shares of Titan, Maruti, NTPC and Tech Mahindra were seen to decline. Meanwhile, the rupee has started recovering. The rupee gained three paise to settle at 75.51 per dollar. The rupee was also seen strengthening a day earlier. After heavy fluctuations in the domestic stock market on Monday, the Sensex closed at 34370.58 with a strength of only 83.34 points, or 0.24 percent. While the Nifty closed at 10,167.45 with a gain of 25.30 points, or 0.25 per cent, from the previous session. Of the 30 stocks of the Sensex, 16 remained strong while 14 stocks declined.
Industrial production data for April, the initial month of the current financial year, will be released on Friday. Due to the applicable lockdown across the country, industrial activities had almost come to a standstill in April. Investors will also keep an eye on the retail inflation rate for the month of May, the figures of which will be released on Friday on the last day of the business week.
Gold prices fell for the fifth consecutive day, silver prices also fell drastically
When will international flights start in the country? Aviation Minister Hardeep Puri replied