Categories: Business

Bombay stock market opened with more than 200 points, Nifty crossed 10350 level


Sensex jumps 204.90 points to 35,116.22 in opening session

Mumbai. The Bombay Stock Exchange's Sensex rose 204.90 points to 35,116.22 in early trade on Tuesday. The Nifty rose 60.65 points to 10,371.85. Earlier on Monday, BSE Sensex and NSE Nifty closed at three-month highs due to buying in shares of financial companies. Despite growing concern of corona virus infection in the country and the rise in new cases in some parts of the world, the domestic stock markets are seeing strength.

The 30-share Sensex finally ended 179.59 points or 0.52 percent stronger at 34,911.32 points after trading 482 points higher during trading on Monday. The Sensex was the highest since March 11. Similarly, the Nifty of the National Stock Exchange also gained 66.80 points, or 0.65 percent, to close at 10,311.20 points. This is the high level of the Nifty after March 11. The rise in both the indices during trading was due to the strength in the shares of pharmaceutical companies. The reason for this is the domestic regulatory approval to manufacture Kovid-19 medicines.

This post was published on June 23, 2020 1:34 pm

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