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Market rises after two days of decline, Sensex rises 658 points, Nifty closes to 17,160

Sensex jumped 657.67 points in early trade on Tuesday due to gains in global markets and gains in key stocks like Reliance Industries and Infosys. With this, the trend of decline in the market for the last two days came to an end.

Mumbai Sensex jumped 657.67 points in early trade on Tuesday due to gains in global markets and gains in key stocks like Reliance Industries and Infosys. With this, the trend of decline in the market for the last two days came to an end. The 30-share Sensex was trading 657.67 points higher at 57,237.56 in early trade, while the NSE Nifty jumped 204.35 points to 17,158.30.

IndusInd Bank, Mahindra & Mahindra, Bajaj Finance, Sun Pharma, Hindustan Unilever, Infosys, ITC, Axis Bank, Bajaj Finserv and Titan were among the top gainers in the Sensex.

All the Sensex shares were in the green in early trade. In other Asian markets, Tokyo, Hong Kong, Seoul and Shanghai were trading higher in mid-session deals. Meanwhile, international oil benchmark Brent crude rose 1.26 per cent to USD 103.61 per barrel. Foreign institutional investors sold shares worth Rs 3,302.85 crore on a net basis on Monday, according to provisional stock market data.

Shivam Bangwal

Shivam Bangwal is an India-based Entrepreneur. He is the Founder of Successful Startups like Youthistaan, People News Chronicle, Hitchhike TV & Branding Panther. Shivam has done his Master's in Computer Applications.

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