BSE Sensex and NSE Nifty rise in early trade
Indian stock market indices Sensex and Nifty recorded gains in early trade on Thursday, driven by lower crude oil prices and buying activity in Reliance Industries.
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What Happened
The BSE Sensex rose by 201.43 points to reach 78,782.43 in opening trade on Thursday. Simultaneously, the NSE Nifty increased by 16.35 points to trade at 24,641. The market performance followed a trend of buying in Reliance Industries and a decline in global crude oil prices.
Benchmark indices have experienced divergence since Monday following the introduction of a new auction mechanism for stocks with futures and options contracts. The Closing Auction Session was implemented in the equity cash segment to establish a new method for determining closing prices for eligible securities.
Key Facts
- The BSE Sensex climbed 201.43 points to 78,782.43.
- The NSE Nifty rose 16.35 points to 24,641.
- Market gains were attributed to lower crude oil prices and buying in Reliance Industries.
- A new Closing Auction Session for F&O stocks was introduced on Monday.
The Timeline2
Every article on this story, in the order it was filed. We do not rank the outlets.
6 Aug
Where This Is Being CoveredEnglish
Languages
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- English2 outlets
Regional reach
States where a local newsroom is carrying this. National mastheads and wire agencies circulate everywhere and are counted separately, not drawn on the map.
- No local newsroom
- 1 outlet
- 2 or more
1 state with local coverage. Spread across the country, with no regional concentration. Also carried by 1 national masthead.
About This Analysis
One summary, built from every source. No single newsroom's voice.
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