Mumbai: The stock market was able to gain momentum for the second consecutive day today on the back of strong buying by IT and Tech group companies at the domestic level amid weak cues from the global level.
BSE’s 30-share sensitive index Sensex rose 134.32 points to 52904.05 and National Stock Exchange’s (NSE) Nifty rose 41.60 points to 15853.95.
During this period, like big companies, small and medium companies were also seen buying, due to which BSE Midcap rose 0.21 percent to 22954.85 points and Smallcap rose 0.24 percent to 26251.19 points.
Most of the groups included in BSC remained in the red mark with Reality 1%, Oil & Gas 0.78 percent and Energy 0.65 percent.
The leading groups are IT 2.25 percent, Tech 1.89 percent, CG 0.90 percent and Telecom 0.06 percent.
Out of the companies included in BSC, a total of 3378 companies were traded, out of which 1797 were in growth and 1444 were in decline while 137 did not change.
All the major indices at the international level remained in the red. It included Britain’s FTSE 0.51 percent, Germany’s DEX 0.12 percent, Japan’s Nikkei 0.38 percent, Hong Kong’s Hang Seng 0.63 percent and China’s Shanghai Composite 1.70 percent.
