Momentum in the stock market, Sensex was a strong gainer of 874.94 points

Stock market: Domestic stock market closed strongly higher on Wednesday, August 7, 2024 due to volatile trend globally. At the close of trade, the Sensex of the Mumbai Stock Exchange (BSE) was up 874.94 points or 1.11% at 79,468.01 points. Meanwhile, the National Stock Exchange's (NSE) Nifty rose 304.95 points or 1.27% to close at 24,297.50. The Sensex rose 1,046.13 points to 79,639.20 in morning trade. Meanwhile, the National Stock Exchange (NSE) Nifty rose 313.9 points to 24,306.45 points. On Tuesday, the Sensex closed down 166.33 points, or 0.21%, at 78,737.88. The Nifty was down 63.05 points, or 0.26%, at 23,992.55. 25 Sensex Stocks Turn Profitable: During the trading session of the stock exchange, out of 30 Sensex listed companies, 25 stocks turned profitable while 5 companies were in losses. Gainers include Adani Ports, Powergrid, JSW Steel, Infosys, Maruti Suzuki India, Mahindra & Mahindra, Ultratech Cement, Larsen & Trubo, Bajaj Finance, ITC, HDFC Bank, Sun Pharma, State Bank of India, Axis Bank, Tata Motors, TCS. Received. , Reliance Industries, Nestle India, HCL Technologies, ICICI Bank, Bajaj Finserv, National Thermal Power, Kotak Mahindra Bank and Asian Paints. Bharti Airtel, Titan, Tech Mahindra, Hindustan Unilever and IndusInd Bank were among the losers. Also read: Straight to jail, heavy fines for trying to become betting kingpin Japan's Nikkei, South Korea's KOSPI, Hong Kong's Hang on Asian stock markets Cheng and China's Shanghai joint ventures were profitable. European markets are also bullish. US Dow Jones is trading fast. In the international market, gold rose 0.44% to trade at $2,394.58 an ounce. In the global oil market, Brent crude rose 1.26% to settle at $77.45 a barrel. Also Read: Stock market gains momentum as tomato tensions rise, Sensex surges 874.94 points appeared first on Prabhat Khabar.