Share Market Update: Sensex and Nifty Close in Green Territory, PSU Banks and Oil & Gas Stocks Lead Gains | 14th February 2024.

Share Market Update: Check out the latest share market close updates for Sensex and Nifty on 14th February 2024.

Get insights on top gainers, losers, global market trends, and the rise in the Indian rupee against the dollar.

Share Market Close: There was a brake on the fall in the market, Sensex and Nifty closed on the green mark.

There were ups and downs in the stock market on 14 February 2024 (Wednesday).

This morning the market had opened at a lower level but later the market had gained momentum. Sensex and Nifty closed on the green mark.

Today the Sensex closed at 71,833.17 points with a rise of 277.98 points or 0.39 percent. Nifty also rose 96.80 points or 0.45% to 21,840.05.

PSU Bank and Oil & Gas indices gained 3 percent each, while Auto, Bank, FMCG, Capital Goods, Metal, Power, and Realty gained 1.2 percent each.

On the other hand, IT and Pharma indices declined by 1 percent each. BSE Midcap and Smallcap indices rose 1% each.

Share Market Update: Top gainers and losers stocks.

Today on Sensex, shares of SBI, Axis Bank, Maruti Suzuki, Tata Steel, and IndusInd Bank closed with gains, while stocks of Tech Mahindra, Sun Pharma, Infosys, TCS, and UltraTech Cement closed in the red.

Global Market Situation.

In Asia, Japan’s Nikkei 225 closed in negative territory, while Hong Kong’s Hang Seng and South Korea’s Kospi indices closed in the green. China’s financial markets are closed for the Lunar New Year holidays.

Early trading saw a favorable trend in European markets. Tuesday’s overnight trade saw a sharp decline in the US market’s closing price.

Brent crude, the benchmark for the world’s oil, increased 0.78 percent to US$82.64 a barrel on Tuesday.

Exchange data indicates that on Tuesday, foreign institutional investors purchased shares valued at Rs 376.32 crore.

Rise in Rupee.

Today the Indian currency closed with a rise of 5 paise against the dollar. The Indian rupee opened at 83.11 against the dollar on the Interbank Foreign Exchange.

It touched an intra-day high of 83.02 and a low of 83.12. It finally closed at 83.03 (provisional) against the dollar, 5 paise higher than its previous close of 83.08.