Stock market closes higher a day before Union Budget
Stock market closed higher on Friday, a day before the announcement of Budget, for the fourth consecutive session.
Stock market closed higher on Friday, a day before the announcement of Budget, for the fourth consecutive session.
At close, Sensex was up 654 points or 0.9 per cent at 76,555 and Nifty was up 206 points or 0.9 per cent at 23,163.
The stock market on Tuesday snapped two-day losing streak and gained 0.5 per cent supported by auto, realty and financials after the RBI announced liquidity-boosting measures.
At close, Sensex was down 824 points or 1 per cent at 75,366, and the Nifty was down 275 points or 1.2 per cent at 22,817.
At the close, the Sensex rose 566 points (0.75%) to 76,404, while the Nifty gained 130 points (0.57%) to finish at 23,155. Market breadth remained weak, with 1,110 stocks advancing, 2,677 declining, and 107 remaining unchanged.
As the Indian stock market keeps touching new highs amid a record bull run, over 42.4 lakh new demat accounts were opened in the month of June, the highest account opening rate since February.
Market opened at fresh highs with Nifty and Sensex crossing 24,300 and 80,000, respectively, for the first time.
Bank Nifty opened in green territory with an increase of 704 points or 1.35 per cent at 52 872.30 whereas the Nifty Midcap opened at 56149.90, an up of 295.20 or 0.53 per cent increase.
India has taken a significant stride towards achieving self-reliance in defence with the development of a new explosive more potent than Trinitrotoluene (TNT).
At close, the Sensex was up 0.56% at 79,476 and the Nifty was up 0.55% at 24,142.
