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Expansion
Sensex Opening Bell: On the last trading day of the week, the Indian stock markets have opened with strong momentum. The Sensex is trading at 57387.27 points with a jump of about 550, while the Nifty is trading around the level of 17100 with a gain of about 150 points. In the early trade on Friday, both the Sensex and Nifty are seeing a gain of one percent each.
After a good rise in the global market, there were signs of opening up of the Indian markets too. The US market recorded a jump for the second consecutive day. The Dow Jones closed 330 points higher, while the Nasdaq and S&P 500 indices gained one per cent each. After the strength seen in the global markets, the mood of Asian markets is also good, most of the Asian markets are trading on the green mark. SGX Nifty is trading above 17100 by jumping 200 points.
Japan’s Nikkei index is also seeing a gain of 0.27%. At the same time, South Korea’s Kospi is seeing a rise of 0.6 percent and Kosdaq 0.56 percent. Let us inform that in the Indian stock market, FIIs have bought Rs 1638 crore in cash on Thursday while DIIs have bought Rs 600 crore in cash.
The price of crude oil is seeing a rise in the global market. Brent crude has reached a price of $ 108 per barrel.