After a 5-day slump, the stock market had a break, with the Sensex up 1,293 points.

Stock Market: Due to the positive trend globally, the decline in the domestic stock market came to an end on Friday, July 26, 2024, the last day of the trading week. Mumbai Stock Exchange (BSE) benchmark Sensex gained 1,293 points. Amid the market rally, the National Stock Exchange (NSE) Nifty also closed at a fresh high of 24,834 points. There was brisk buying of stocks at low volume and market record gains in stocks of major companies such as Reliance Industries. At the close of trade, the BSE index on a 30-share basis rose 1,292.92 points, or 1.62 per cent, to end at 81,332.72 points. It had risen as high as 1,387.38 points during one-time trade. The Nifty also rose 428.75 points, or 1.76 percent, to close at a fresh high of 24,834.85. Apart from Nestlé, all other stocks on the Sensex were in gains. Bharti Airtel posted the highest gain of 4.51 percent. Adani Ports, Sun Pharma, Tata Steel, HCL Technologies, Infosys, JSW Steel and Mahindra and Mahindra were the top gainers. Nestlé, the only loss-making company, is soon to implement a country-per-gold price from Kashmir to Kanyakumari, except for South Korea's Kospi, while the Shanghai Composite and Hong Kong's Hang Seng were in gains, while Japan's Nikkei was in losses. European markets traded on a positive note. The US market was in losses on Thursday. Global oil benchmark Brent crude was down 0.40 percent at $82.04 a barrel. According to stock exchange data, foreign institutional investors sold shares worth Rs 2,605.49 crore on Thursday. In the previous five trading sessions, the BSE Sensex lost 1,303.66 points or 1.60 points. At the same time, Nifty fell by 394.75 points or 1.59. Also read: Paytm stock: Paytm shares up 10% after FDI nod from govt, after 5-day slump, stock market gets a break, Sensex gains 1,293 points appeared first on Prabhat Khabar.