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Stock Exchange Updates (July 5, 2021) Sensex Rallies Over 200 Points; Nifty Hovers At 15,800

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Bajaj Automobile, Powergrid, Axis Bank, TCS, HDFC Bank and Bajaj Finserv are top Sensex gainersThe domestic stock exchange have opened in the green on the back of positive international cues.

Wall Street had actually closed at new highs on Friday and early patterns on SGX Nifty had indicated a gap-up opening for the markets back home.

At 9:20 am, the Sensex was trading at 52,710.63, higher by 222 points or 0.47 percent and Nifty was at 15,798.15, up 70.70 points or 0.48 percent.

In the more comprehensive markets, the BSE Midcap and BSE Smallcap indices have gotten 0.2 per cent and 0.6 percent respectively.Shares in Asia-Pacific were blended in Monday morning trade as oil prices hovered about $76 ahead of another conference between OPEC and its allies.

Financiers are likewise expecting information releases in Australia and China.In Japan, the Nikkei 225 slipped 0.5 per cent in early trade and Topix index shed 0.43 per cent.

South Korea's Kospi edged higher by 0.33 per cent.Wall Street scaled brand-new highs on Friday, with the S&P closing up for a seventh straight day, after tasks information for June showed robust hiring.

The Dow Jones rose 0.44 percent, S&P 500 acquired 0.75 per cent and Nasdaq Composite included 0.81 per cent.On the IPO front, India Pesticides will debut on the bourses today.On the stock-specific front, choose car and monetary stocks are seeing buying interest.

Bajaj Car, Powergrid, Axis Bank and TCS are the leading Sensex gainers, increasing around a percent each on the BSE.

HDFC Bank, Bajaj Finserv and M&M are the other considerable gainers amongst the Sensex stocks.On the other hand, Dr Reddy's is the sole loser on the Sensex; the stock of the pharma giant edged lower by 0.1 per cent.The BSE market breath is strong.

Out of 2,711 stocks traded on the BSE, there are 1,915 advancing stocks as versus 676 decreases.




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