Mumbai. The domestic stock market was trading strongly on Friday due to strong global cues. During the early trade, the Sensex rose by over 150 points and the Nifty also recorded a gain of over 60 points. The Sensex was trading at 48,938.47, up 134.79 points or 0.28 per cent from the previous session, while the Nifty was up 61.05 points or 0.42 per cent at 14,642.50.
Trading in the country’s stock market was going on due to strong signals from global markets, although there was a ups and downs during the initial session.
The Bombay Stock Exchange (BSE) 30-share sensitive index Sensex opened 132.06 points higher at 48,935.74 from the previous session and rose to 48,997.81 in early trade while the Sensex closed at 48,694.40.
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The 50-share Sensex Nifty of the National Stock Exchange (NSE) opened at 14,599.60, up 18.15 points from the previous session and rose to 14,647.55 in early trade, while the Nifty closed at 14,599.
Experts say that after the recent major economic data released in China and the US, there is a recovery in global markets due to the signs of recovery, due to which the domestic stock market is also trading with green mark. However, the effect of Corona’s deepening havoc continues in the country.
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