Sensex rose 226 points and Nifty gained 82 points in early trade

Stock market: In the early trade of the domestic stock market, the Mumbai Stock Exchange (BSE) Sensex opened at 80,123.45 points, up 226.11 points on Friday, July 12, 2024, the last day of the week. The Nifty of the National Stock Exchange (NSE) also rose 82.1 points to 24,398.05 points. At the close of trade on Thursday, the Sensex fell 27.43 points to close at 79,897.34. The Nifty also settled marginally lower by 8.50 points at 24,315.95. Foreign institutional investors (FIIs) were sellers in the capital market on Thursday and sold shares worth a net Rs 1,137.01 crore, according to stock market data. Shares of these companies are Wipro, TCS, Shriram Finance, L&D Finance, Infosys, Cydes Life, Axis Bank, GAIL and Coal India trading in the green mark in early trading. Indian Oil Corporation, Max Financial, Maruti Suzuki India, JK Cements, Bharti Airtel, HDFC Life, TVS Motor, Shriram Cements and India Cements were among the losers. Asian stock markets: Hong Kong's Hong Kong's Hong Kong was in gains in Asian markets. China's Shanghai Composite, South Korea's Kospi and Japan's Nikkei are among the losers. America's Dow Jones closed with a weaker trend on Thursday. Global oil benchmark Brent crude futures were up 0.25 percent to trade at US$85.59 a barrel. Also Read: Gold prices: Gold prices rise for third consecutive day, silver rises by Rs. 100 increased. Equity experts said smallcap and midcap indices saw a slight uptick on Thursday. This is due to the change in expectations regarding FII (Foreign Institutional Investors) inflows and budget. Investors are now eyeing inflation data to be released in the US. Inflation rate is expected to be slightly lower. This may have a positive impact on the interest rate decision of the US Federal Reserve, the central bank. Also Read: TCS: Valuable Company Dominant Will Pay Dividends to Investors After Profits