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Sensex Today, Stock Market 29 January: Investors’ confidence returned before the Union Budget, Sensex-Nifty recovered from the fall and rose.
Sensex Today, Stock Market 29 January: Sensex Today, Stock Market 29 January: The stock market traded with great momentum on Thursday. Even after two sessions of rise in Sensex and Nifty, there was a decline in early trade on Thursday. Before the presentation of the Union Budget, investors adopted a cautious attitude, but later the market bounced back with a significant rise.
BSE Sensex fell 343.67 points to 82,001.01 in early trade while NSE Nifty slipped 94.2 points to 25,248.55. Here, in the second session from the day, the Sensex rose by 220 points and closed around 82,566. While Nifty closed above 25,400.
Top Gainers, Losers
Among Sensex constituents, Maruti’s October-December quarter results failed to enthuse investors and its stock fell nearly three per cent. Shares of Asian Paints, Titan, Tata Consultancy Services, Hindustan Unilever and Mahindra & Mahindra also remained in the red.
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On the other hand, Larsen & Toubro shares gained more than three per cent after its quarterly results. Shares of Tata Steel, NTPC, Power Grid and State Bank of India also gained.
(Disclaimer: This article is for informational purposes only and should not be construed as investment advice in any way. ET NOW Swadesh recommends its readers and viewers to consult their financial advisors before taking any money-related decisions.)
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