• Source:JND
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Stock Market:  Equity benchmark indices Sensex and Nifty climbed on Tuesday after several days of decline, driven by value purchasing at lower levels and gains in blue-chip equities Tech Mahindra and M&M, HDFC Bank. Market participants stated persistent purchasing by domestic institutional investors additionally supported the indices. Snapping a four-day dropping streak, the BSE benchmark Sensex gained 239.37 points, or 0.31 per cent, to shut at 77,578.38.

However, a delayed decline in Reliance Industries capped the market's upside. Throughout the day, it rose as much as 1,112.64 points, or 1.43 per cent, to 78,451.65.

The NSE Nifty additionally rebounded after declining within the final seven buying and selling periods. It ended 64.70 points, or 0.28 per cent, increased at 23,518.50. Among the 30 Sensex stocks, Mahindra & Mahindra, HDFC Bank, Tech Mahindra, Tata Motors, Titan, Power Grid, UltraTech Cement, and Infosys were the most important gainers.

Also Read: Reliance Power, Reliance Infrastructure Shares Jump 5% After Anil Ambani Led Firm Restructures Boards

In distinction, State Bank of India, Maruti, Reliance Industries, Bajaj Finserv, Tata Steel and Bharti Airtel had been the laggards. According to exchange knowledge, international institutional buyers (FIIs) offered shares valued at Rs 1,403.40 crore on Monday, whereas home institutional buyers (DIIs) purchased shares valued at Rs 2,330.56 crore.

Seoul, Tokyo, Shanghai and Hong Kong ended with good points within the Asian markets. European markets declined. US markets ended largely increased on Monday. Global oil benchmark Brent crude fell 0.25 per cent to $73.12 a barrel.

The 30-share BSE benchmark closed 241.30 points, or 0.31 per cent, decrease at 77,339.01 on Monday, marking a fourth consecutive day of decline. The Nifty fell 78.90 points, or 0.34 per cent, to 23,453.80, marking its seventh consecutive day of decline.

The stock market will remain closed on Wednesday due to the assembly election in Maharashtra. 

Also Read: Railway Stocks: RVNL, IRFC, IRCON International Shares Surge Up To 5% In Intraday Trade

(With Agencies Inputs)

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