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KNews Desk: After four consecutive trading days of decline, there was a strong rise in the Indian stock market on the last trading day of the week i.e. Friday. As soon as the market opened on the occasion of Krishna Janmashtami, the Sensex was seen trading with a gain of about 600 points, while the Nifty also registered a rise of more than 70 points. Due to this rise in the market, the wealth of investors increased by almost Rs. Rs 2.72 lakh crore There was an increase of Rs. There was a buying environment in both Sensex and Nifty in the early trade. According to experts, Strength in technology sector Supported the market. Apart from this, there was a strong rise in the shares of Reliance Industries also. Amidst the news of Jio IPO being launched by Diwali, Reliance shares rose by more than 2 percent, the impact of which was seen on the sentiment of the entire market.

Sensex rises by more than 600 points

Shortly after the market opened on Friday, the Sensex saw a rise of about 600 points. At the same time, Nifty also rose by more than 70 points. This rise in the market after four consecutive sessions of decline brought relief to the investors. Shares of many big companies played an important role in this rise in the market. UltraTech Cement A gain of 1.92 percent was recorded in the shares. There itself TCS 1.60 percent, Bajaj Finserv 1.51 percent, Trent 1.48 percent more HCL Technologies Were seen trading with a rise of 1.40 percent. However, not all the major stocks were on a rise. Bharti Airtel A decline of 0.12 percent was seen in the shares, while Asian Paints There was almost no change in the share of.

Support received from Asian markets also

The Indian stock market also received positive signals from Asian markets. Amidst the rise in Asian markets, the buying trend in the domestic market also strengthened. Buying in tech companies and rise in Reliance Industries further strengthened the market's rise. Earlier on Thursday, Indian equity indices had closed with a decline. Nifty 50 fell by about 41 points or 0.17 percent and closed at 23,873. There itself, The Sensex closed at 76,152.86 with a fall of 417.49 points or 0.55 percent.During Thursday's trading, there was a lot of volatility in the market in the last 20 minutes. Fluctuation of around 2100 points in Sensex during CAS session was recorded. In such a situation, the initial rise on Friday has given a big relief to the investors. Overall, due to the strong start of the market on the day of Janmashtami, the wealth of the investors was around Rs. Rs 2.72 lakh crore There was an increase of. Now the market will keep an eye on how much the initial rally continues till the end of the trading session and whether Sensex-Nifty can give a strong closing after four consecutive days of decline.