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Stock market opens in the green after Christmas, driven by banking stocks

Updated on: Dec 26, 2024 09:53 AM IST

Though the Indian stock market is open, major markets around the world including those in Europe as well as others in Asia will still remain shut on December 26

The stock market opened and went into the green on Thursday, December 26, a day after Christmas, mostly driven by banking and financial services shares.

A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.(Reuters)

Though the Indian stock market is open today, major markets around the world, including those in Europe as well as others in Asia, will still remain shut.

At 9:30am, the benchmark BSE Sensex rose by 354.73 points or 0.45%, reaching 78,827.60.

Also Read: Here's how the new GST policy on used cars will affect both individuals and businesses

Meanwhile, the broader NSE Nifty rose by 98.45 points or 0.41%, reaching 23,826.10.

Maruti Suzuki India Ltd rose the most in the Sensex, going up by 1.16%, trading at 10,860.35 at the same time. This was followed by SBI which was up 1.09%, trading at 820.70, and Axis Bank which was up 1.07%, trading at 1,090.95.

Among all the Nifty sectoral indices, Nifty Bank rose the most by 0.77%, reaching 51,626.75. This was followed by Nifty Private Bank, which was up by 0.75%, reaching 25,025.20, and Nifty Financial Services, which was up by 0.70, reaching 25,488.35.

 
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