Sensex and Nifty Surge on Positive Global Trends

11 Oct 2023 , 01:29 PM

Sensex and Nifty saw positive gains on Wednesday, driven by optimistic global market trends. At the time of writing Sensex was trading at Rs 66,472 which is a 0.59 % increase from the previous day’s close. Whereas nifty is trading at Rs 19,806 which is a 0.59 % increase than the previous day’s close.

Top Gainers include Vodafone Idea (5.88%), Hero Motocorp (3.86%), Ramco Cements (4.12%), Wipro (3.35%). Top Losers include Bank Of Baroda (-3.27%), ICICI Prudential (-2.88%), RBL Bank (-1.45%), and Granules India (-1.30%).

Asian markets, including Japan, China, and Hong Kong, were trading with gains, and European and US markets closed in the green on Tuesday. Sensex rose by 566.97 points to close at 66,079.36 points, while Nifty climbed 177.50 points to reach 19,689.85 points.

Despite sustained selling by Foreign Institutional Investors (FIIs), buying by Domestic Institutional Investors (DIIs), High Networth Individuals (HNIs), and retail investors has balanced the market. FIIs continued as net sellers, having offloaded shares worth Rs 1,005.49 crore on Tuesday.

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