![Strong rise in stock market, Sensex rises 1300 points](https://media.newstracklive.com/uploads/business-news/economy-news/Apr/07/big_thumb/yhrhh_5e8c1805da8e3.gif)
Mumbai: Although the week had started on Monday, the first day of the week was Tuesday for the Indian stock market. In early trading, the Sensex was up by 1300 points to close to 29 thousand points, while the Nifty strengthened by 300 points. Was trading at the level of 8300 points.
Earlier on Friday, the Sensex lost 2.39 per cent, or 675 points, to close at 27,590.95. On the other hand, if you talk about Nifty, it dropped 170.00 points or 2.06 percent to 8,083 points. Let us know that on Monday, all the major financial markets including BSE, National Stock Exchange (NSE) and currency market were closed due to Mahavir Jayanti. Apart from this, markets will remain closed on April 10 due to Good Friday.
Meanwhile, there has been a tremendous boom in the US stock market. The Dow Jones Industrial Average went up by 1627.46 points, or 7.73 per cent, to 22,679.99 on Monday. At the same time, the S&P 500 also gained 175.03 points, or 8.03 per cent to 2,663.68, while the Nasdaq Composite Index also gained 540.15 points or 7.03 per cent to close at 2,663.68. Let us tell you that there was a huge decline in the US stock market last week.
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