The stock market rose sharply, the Sensex rose over 300 points; Nifty also accelerates

The stock market rose sharply, the Sensex rose over 300 points; Nifty also accelerates

Mumbai. Indicate strongly Vsvik markets to meet and exchange flow to continue to the Bombay Stock Exchange on Tuesday early trade Sensex being higher than 300 points. The Bombay Stock Exchange (BSE) Sensex rose 342.50 points, or 0.90 percent, to 38,524.58 points in the initial period of trading, while the National Stock Exchange (NSE) Nifty rose 101.75 points or 0.90 percent to 11,371.90 points. During this period, Axis Bank's share was the biggest gainer of nearly three percent. Apart from this, shares of Tata Steel, ICICI Bank, HDFC, Power Grid, Tech Mahindra and State Bank also gained momentum. In contrast, Titan, Sun Pharma, Bharti Airtel and Reliance Industries were among the downgraded stocks.

Earlier on Monday, the BSE Sensex rose by 141.51 points, or 0.37 percent, to 38,182.08 points and the NSE Nifty rose 56.10 points, or 0.50 percent, to close at 11,270.15 points. Stock market data shows that foreign institutional investors made a net investment of Rs 302.88 crore in shares on Monday. Traders said business sentiment was improving as a strong trend in other Asian markets and continued investment flows from foreign funds. Markets in Shanghai, Hong Kong, Tokyo and Seoul were strong. On the other hand, the Wall Street market closed in a mixed trend yesterday. Brent crude, the global benchmark for crude oil, rose 0.53 percent to $ 45.23 a barrel.