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Share Market: Positive start of Sensex, Nifty on strong global trends, foreign fund inflows

Mumbai: Major inventory indices Sensex and Nifty opened with a constructive pattern in early commerce on Monday on constructive international developments and recent influx of overseas funds. Throughout this, the 30-share BSE index rose 274.02 factors to 57,844.27 and the broader NSE Nifty rose 86.55 factors to 17,244.80. Mahindra & Mahindra, Maruti Suzuki India, Reliance Industries, Energy Grid, UltraTech Cement, Dr Reddy’s, Wipro and Bharti Airtel have been among the many prime gainers within the Sensex.

However, Solar Pharma, IndusInd Financial institution, Hindustan Unilever and Bajaj Finserv fell. Amongst different Asian markets, Seoul, Shanghai and Tokyo have been buying and selling with features, whereas Hong Kong noticed a decline. The US markets had closed sharply on Friday.
On Friday, the BSE Sensex closed at 57,570.25, up 712.46 factors or 1.25 per cent. With this, the Nifty had gained 228.65 factors or 1.35 per cent to succeed in 17,158.25. Worldwide oil benchmark Brent crude was down 1.07 per cent at $102.86 per barrel. International institutional buyers purchased shares price Rs 1,046.32 crore on Friday, based on inventory market knowledge.

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