Stock Market 11 April 2024: Global tension has not affected the early trade in the Indian market on Friday. The Sensex rose about 1045 points, or 1.14 percent to 74,891.99. Whereas if we talk about the Nifty, then it is doing a gain of 1.61 percent i.e. 359.85 points with a gain of 22,746.49.
This is a bang in the Indian market after a break on 90 days tariff from US President Trump. A day earlier, giving relief to the people from the RBI, it was reduced to 6 percent on a cut of 25 basis points in the repo rate.
Smallcap and midcap stocks are also seen to have good shopping. If the market cap has increased by 5.77 lakh crore in the market cap of companies listed on BSE of overall views.
Earlier on Thursday, the domestic stock market was closed due to Mahavir Jayanti. But if we talk about Wednesday, the domestic stock markets also recorded a decline in early trade as the decline in Asian markets. The BSE Sensex reached 73,673.06 points after the initial trade declined by 554.02 points. While the NSE Nifty slipped below 178.85 points to 22,357 points.
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