Great rally in the stock market: Sensex up over 1000 points, Infosys up over 4%, SBI up 2%

MumbaiOne hour ago

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The effect of positive signs of the global market is also visible on the Indian market. On Friday, the last trading day of the week, the Sensex has gained more than 1000 points. Sensex rose 1,087 points to open at 58,322 points. Nifty is also up by 308 points. It opened at the level of 17322. The biggest gains are in IT and banking stocks. Infosys is trading with a gain of more than 4%. State Bank of India is up by over 2%.

Top ten stocks to climb in Sensex.  Rates are at 9.40 am.

Top ten stocks to climb in Sensex. Rates are at 9.40 am.

US and Asian markets also gained
Foreign Institutional Investors (FIIs) are negative while Domestic Institutional Investors (DIIs) are positive. On the other hand, there was a great rally in the US markets on Thursday. Dow Jones climbed 827 points to close at 30,039. On the other hand, Nasdaq closed at 10649 with a gain of 232 points. The S&P 500 also gained 2.6%. Other markets in Asia are also witnessing a boom. The Hong Kong and China markets saw a rise of about 1%.

Sensex closed down 390 points on Thursday
On Thursday (October 13), ie on the fourth trading day, there was a decline in the market. The Sensex closed at 57,235, down 390 points. Nifty closed 109 points lower at 17,014. 22 out of 30 Sensex stocks fell. At the same time, only 8 stocks saw a rise. Out of 11 sectoral indexes of NSE, only 3 were up. Media, metal and pharma sectors saw marginal gains.

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