
Mumbai13 May. Amidst the ongoing tension in the Middle East, the decline in the Indian stock market for the last four trading sessions came to an end on Wednesday and both the benchmark indices closed with slight gains. In volatile trading, BSE Sensex rose by 50 points while NSE Nifty rose by 33 points. However, due to high crude oil prices and global uncertainty, the market rally remained limited in the last hours.
Sensex 49.74 by increasing points 74,608.98 off on
Bombay Stock Exchange (BSE)’s benchmark index Sensex based on 30 shares closed at 74,608.98 points, up 49.74 points or 0.07 per cent. During trading, Sensex made a high of 75,191.57 within a range of 1057 points and fell to 74,134.48 points. Among Sensex companies, shares of 13 closed with gains while shares of 17 remained weak.
nifty 33.05 by increasing points 23,412.60 off on
On the other hand, the National Stock Exchange (NSE) sensitive index Nifty based on 50 shares closed at 23,412.60 points, increasing by 33.05 points or 0.14 percent. Among Nifty companies, 24 stocks were in profit and 25 were in decline.
Asian Paints stocks rose the most by 4.48 percent
Among the companies included in the Sensex group, Asian Paints’ stock rose the most by 4.48 percent. Tata Steel, Adani Ports, Bharat Electronics, Bharti Airtel and Larsen & Toubro were also major gainers. The loss making stocks include Mahindra & Mahindra, Infosys, Tata Consultancy Services, Sun Pharma and Tech Mahindra.
FII has 1,959.39 Sold shares worth crores of rupees
According to stock market data, foreign institutional investors (FIIs) sold shares worth Rs 1,959.39 crore on Tuesday. Global oil benchmark Brent crude fell 0.5 percent to $107.27 per barrel.
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