Sensex Opening Bell: Strong opening of Indian market, Sensex jumps 300 points, Nifty crosses 17450

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On Thursday, the fourth trading day of the week, the Indian stock market saw strength. Sensex is trading at the level of 58676.31 by jumping 300 points. Nifty (NIFTY50) is also trading at the level of 17480 with a gain of about a hundred points. In the early trade, the stocks of IT and Metal Sector are showing strength.

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Earlier, after good signals from the markets around the world, the chances of opening of the Indian market also increased with strength. On Wednesday, there was a spectacular return in the US markets. Dow Jones closed with a gain of 400 points. At the same time, Nasdaq also saw a rise of 2.6%.

In Asian markets, SGX Nifty is trading with a gain of 61 points. It is currently at the level of 17500. On the other hand, crude oil prices in the international market have come down to a six-month low. Brand crude prices fell by 4 percent.

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It came down to $97 a barrel. Foreign institutional investors (FIIs) bought Rs 756 crore in the market on Wednesday while domestic investors (DIIs) sold Rs 518 crore. At the same time, the rupee is open at a level of Rs 79.23 against the dollar in the forex market and is currently trading at Rs 79.465.