Sensex 454 and Nifty closed up by 121 points, RIL up more than 6 percent

New Delhi. With the help of sharp buying in the giant stocks, the stock market has recovered from the initial fall and closed in the green mark today. In Thursday’s trade, the Sensex closed at 58,795 with a gain of 454 points and the Nifty gained 121 points at the level of 17536. In today’s business, the biggest increase was seen in the energy sector. At the same time, there has been pressure in public sector banks today.

Why did the stock market rise

Today’s rise in the stock market has been seen due to the buying in the giant stocks. Today Reliance Industries registered a gain of more than 6 percent. RIL has been the biggest gainer among Nifty stocks. At the same time, Infosys, HDFC Bank and TCS have also closed in the green mark. These are the 4 largest companies by market cap of the country, so the direct effect of the rise in these stocks was seen on the major index. With the help of buying in the big stocks, there was a great recovery in the market and the Sensex closed with a correction of more than 650 points from the lower levels.