Share Market News: After a major decline on Tuesday, the stock market returned to a boom today. The stock market started a strong start on Wednesday. The market jumped and closed after trading in the green mark throughout the day. The BSE Sensex closed at 182.34 points at 81,330.56 points. Similarly, NSE Nifty closed at 24,666.90 points with a gain of 88.55 points. The shares included in the Sensex accelerated Tatastil, M&M, Maruti, IndusInd Bank, HCLTech, TCS, Titan, Bharti Airtel and Reliance. On the other hand, Asian Paints, Tata Motors, NTPC, Kotak Bank etc. declined.
It is worth noting that on Tuesday, the BSE Sensex fell at 81,148.22 points with a decline of 1281.68 points (1.55%). Similarly, NSE’s Nifty 50 index today closed down to 24,578.35 points with a large decline of 346.35 points (1.39%) today.
Market mood improves due to decrease in inflation
The market mood improved due to reducing wholesale inflation after retail. It is worth noting that due to softness in the prices of vegetables, fruits and pulses, the rate of retail inflation came down to about 6 years in April to 3.16 percent. Along with this, the bulk inflation figure was released on Tuesday. According to the data released by the government, the wholesale price index -based inflation decreased to 0.85 percent in April.
