Mumbai:- Today, the stock market has seen a great recovery after a weak start on the first day of the week. The domestic market saw sharp fluctuations, and by the end, the market saw a strong rally. The Sensex and Nifty closed with a gain of 1%, closing at their highs with a strong rally. The Bank Nifty continued to trade steadily throughout the day, but in the end, the index returned to its bullish trend. The BSE Sensex closed at 81,666.46, up 943.52 points or 1.17%. 24 stocks of the Sensex were seen trading with gains and 6 stocks with losses.
On the other hand, the NSE Nifty also closed at 25,088.40, up 262.95 points or 1.06%. The Bank Nifty rose 201 points to close at 58,619. In the currency market, the rupee weakened by 8 paise to close at 97.07/$.
On Sunday, both the Sensex and Nifty indices witnessed a sharp decline in the stock market. The Sensex and Nifty crashed after the announcement of an increase in security transaction tax in the budget. Its impact was felt on Monday as well, but both the indices were seen trading in the green during the day.