Mumbai: On Tuesday, the second trading day of week, the Indian stock market once again started off well. The Bombay Stock Exchange (BSE) Sensitive Index (SENSEX) crossed 300,000 mark with a gain of 300 points in early trade. Similarly, the Nifty reached a level of 9350 points with a strength of over 50 points.
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However, market experts say that profit-booking can also be seen in view of the current situation. This means that investors can exit by selling shares, seeing the profit in the short term. Earlier on Monday, the Sensex closed at 31,743.08, up 415.86 points or 1.33 percent. At one time it had reached the day's high of 32,103 points. Similarly, the Nifty also closed at 9,282.30 with a gain of 127.90 points or 1.40 percent. Of the 30 Sensex stocks, 25 remained in the green zone.
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Meanwhile, IndusInd Bank shares were seen in the top 30 companies of BSE index with a growth of 10 percent. Earlier on Monday, the bank's stock had gained 6 percent. The private sector IndusInd Bank has announced the last quarter results of the financial year 2019-20.
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