Sensex ends up 443 points at 52,265

Due to the buying mood in the Indian stock market today, the market has been successful in staying in the green zone. The Sensex closed 443 points higher at 52,265 on the Bombay Stock Exchange (BSE), while the Nifty on the National Stock Exchange (NSE) closed 161 points higher at 15,574. The outlook for the […]
 


Sensex ends up 443 points at 52,265

Due to the buying mood in the Indian stock market today, the market has been successful in staying in the green zone. The Sensex closed 443 points higher at 52,265 on the Bombay Stock Exchange (BSE), while the Nifty on the National Stock Exchange (NSE) closed 161 points higher at 15,574.

The outlook for the auto sector has improved after the government raised duty on metal exports. This step of the government is expected to reduce the cost of production. That’s why today there was a boom in the auto sector. The S&P Auto index rose 4.42 per cent on the BSE.

On the other hand, most of the stocks have lost 20-25 per cent while the market is witnessing a buying spree. Hence the fall in crude oil is a good sign for the Indian stock market, say experts. Internationally, crude oil futures were trading 2.3 per cent lower at 10109.22 per barrel.