On Janmashtami, the stock market rallied, with the Sensex ending 612 points higher.

Stock market: On Janmashtami, Monday, August 26, 2024, the domestic stock market danced briskly. In late trade, the benchmark Sensex of the Mumbai Stock Exchange (BSE) gained 611.90, or 0.75%, to close at 81,698.11. Along with this, the National Stock Exchange (NSE) Nifty also gained 187.45 points or 0.76% to close at 25,010.60 points. In morning trade, the BSE Sensex opened 342.54 points or 0.42% higher at 81,428.75 points, while the Nifty opened 96.35 points or 0.39% higher at 24,919.50. Rupak Dey, senior analyst at LKB, said Monday's trading remained strong throughout. According to the daily chart, after two consecutive days of red mark, it is green, which is a clear sign of better sentiment. Nifty has touched a level of 25,010.60 points in today's trade. A decisive move towards 25,300 is now required. Failure to move above 25,080 could trigger a sell-off in the market, he said, leading to a pullback of the index towards 24,800. In the domestic bourse, HCL Technology's stock was the top gainer on the BSE. At the close of trade, its stock was up 3.47% at Rs 1720.90 per share. Apart from this, gainers included National Thermal Power Corporation, Bajaj Finserv, Tech Mahindra, JSW Steel, Titan, Mahindra & Mahindra, Larsen & Trubo, Tata Steel, HDFC Bank, TCS, Reliance Industries, ICICI Bank, Infosys, Tata Motors and others. Bajaj Finance, Powergrid, Bharti Airtel, Axis Bank, Asian Paints, State Bank of India and ITC. Eight shares of BSE Sensex lost Eight shares of BSE were in losses. These include holdings in Adani Ports, Maruti Suzuki India, Nestlé India, Kotak Mahindra Bank, Sun Pharma, Hindustan Unilever, IndusInd Bank and Ultratech Cement. Also Read: SIP's 555 formula unknown, each person worth Rs 5 crore Japan's Nikkei 225 and South Korea's KOSPI were weak in Asian markets Korea's KOSPI remained weak. China's Shanghai Conglomerate and Hong Kong's Hong Kong were in gains. In European markets, London closed flat on Friday, August 23, 2024. France's CAC was strong and Germany's DAX was soft. Dow Jones, S&P 500 and Nasdaq were all gainers in US stock markets. Gold rose 0.60 percent to $2,524.73 an ounce in the international market. At the same time, in the global oil market, Brent crude was trading at $79.58 a barrel, up 0.71 percent. Also Read: 'Jai Kanhaiya Lal Ki' jumps on Janmashtami, gold, silver prices rise

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