Stock Market Opening Bell: The Indian stock market is continuously creating new records. Today i.e. in the business of December 1, the market continues to gain. Today, the major benchmark index Sensex is trading at a record level of 63483.63, up 383.98 points i.e. 0.61 percent. At the same time, the National Stock Exchange’s Nifty is trading on a positive note at 18858.80, up 100.50 points i.e. 0.54 percent.
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Tech Mahindra, Wipro, Infosys, Hindalco Industries and HCL Technologies were among the major gainers in today’s trading session, according to data from the National Stock Exchange. While the shares of Bajaj Auto, SBI Life Insurance, HUL, Maruti Suzuki and Tata Consumer Products were trading with a decline.
Sensex crossed the level of 63,000 on Wednesday. However, it took 14 months for the Sensex to reach 60,000 to 63,000. With this, the market cap of companies listed on BSE reached the highest level of Rs 288.50 lakh crore on Wednesday. Strong foreign fund inflows into Indian stocks, strengthening of the rupee and signs of a modest increase in interest rates by the US central bank turned investors’ mood.
If we talk about other Asian markets, then the markets of Seoul, Tokyo, Shanghai and Hong Kong were trading at a higher level. At the same time, on Wednesday, Wall Street closed with great speed. Today, the rupee climbed 27 paise to 81.03 against the US dollar in early trade.
At the same time, the international oil benchmark Brent crude was trading at $ 85.43 per barrel, rising 2.89 percent.
Talking about foreign funds, NSDL data shows that foreign portfolio investors bought equities worth Rs 36,239 crore in India in November.
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