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Stock Market Today: The fourth trading day of the week opened on the market green on Thursday amidst the boom in the global market. The BSE Sensex rose 89.24 points at 82,604.38 at S&P at around 9.30 am. While NSE’s Nifty is trading at the level of 25,163.80 by climbing 31.45 points. Initially IT stocks saw a decline, but then it handled itself. Paytm’s shares fell 10 percent, while Infosys also went down one percent.
Dr. VK Vijay Kumar, Chief Investment Strategist of Jiojit Investment, says that this fluctuations in the market will look like this in the coming days because there is no such indication to take the market to a high level.
Fast a day before
The local market saw a boom a day earlier. This boom was seen in the global market due to hope between the US-China and the capital flow of foreign institutional investors.
The BSE Sensex based on 30 shares closed at 82,515.14 points with a gain of 123.42 points, or 0.15 percent. During the business, at one time it climbed to 391.79 points. While the NSE Nifty based on 50 shares also rose on the sixth day and it closed at 25,141.40 points with a gain of 37.15 points, or 0.15 percent.
Global market declines
On the other hand, a mixed trend was seen in the Asian market on Thursday. Nikkei of Japan slipped 0.75 percent. So at the same time, broader topics also fell down 0.43 percent. When ASX 200 remained flat, Kospi saw a jump of 0.4 percent. The US market showed a period of decline. Both S&P 500 and Nasdaq 100 slipped down 0.2 percent. While Dow Jones also fell by 0.2 percent.
