Strong start of Indian stock market between tensions, Pak shares fell

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Business| Between India and Pakistan, rising tensions between the country's stock markets are also fluctuating. After declining for two consecutive days, on Thursday, there was strong jump seen in the early trading. The Sensex, with 120.29 points strengthened to 36,025.72, while the Nifty rose 59.05 points to close at 10,865.70. Among the stocks that have seen growth include ONGC, Tata Motors, Sun Pharma, Vedanta, Reliance, Coal India, Yes Bank, HUL, SBIIN, HDFC Bank, Powergrid and Bharti Airtel.

The shares of TCS, L & T, NTPC and HCL were seen trading on the red mark. On Wednesday, the Sensex dropped 68.28 points, or 0.19 percent, to 35,905.43. On Tuesday, the Sensex dropped 239.67 points.

Stock market of Pakistan

During the Thursday's trade, Pakistan's Karachi Stock Exchange (KSE-100) indexes doing flat trading. After the recovery in the Pakistan market, there are circumstances of loss. If you look at the data, the Karachi stock market has broken 2000 points in the last two days. On Tuesday, the KSE 100 index closed 785.12 points, which is 1.98% down at 38,821.67 points. On Wednesday, the Pakistani market saw a decline of 1600 points. On February 14, after the Pulwama terror attack, Pakistan's market has suffered a loss of 6 per cent.

If you talk about the rupee, the initial rise in the domestic stock market and the strengthening of the American currency on the part of the exporters. In the early trade, the 10 paise has risen to $ 71.14 per dollar against the dollar in the opening trade. If currency traders believed then, the continuous investment of foreign capital also got support from the rupee. Let us tell you that due to tension between India and Pakistan, the rupee had fallen 17 paise to close at 71.24 per dollar on Wednesday.

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