New Delhi, 14 May (H.S.): Amid global geopolitical tensions, domestic share markets closed in the green on Thursday, the fourth trading day of the week. Markets saw gains for the second consecutive day. The Sensex closed up 790 points, while the Nifty ended 277 points higher.

The Bombay Stock Exchange's (BSE) 30-share index Sensex closed at 75,398.72, up 789.74 points or 1.06%. The Sensex started strongly but soon slipped into negative territory. However, renewed buying in telecom and banking stocks propelled it to climb over 1,000 points at one stage, reaching 75,681.88.

Meanwhile, the National Stock Exchange's (NSE) Nifty also closed at 23,689.60, up 277 points or 1.18%. Thus, the share market maintained its upward trend for the second straight day. Among Sensex companies, Bharti Airtel saw the highest gain of over five percent. Buying in telecom, pharmaceutical, and private banking stocks during trading provided strength to the market, while IT stocks witnessed selling pressure today.

Additionally, China's Shanghai Composite and Japan's Nikkei closed lower, while Hong Kong's Hang Seng remained stable. South Korea's Kospi ended higher. European markets were trading in the green during afternoon trade. In the interbank foreign exchange market, the Indian rupee weakened further against the US dollar, remaining at a record low of 95.73 (provisional).

Notably, the previous day, domestic share markets had also closed higher. The Sensex ended at 74,609, up 50 points, while the Nifty closed at 23,413, up 33 points.

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Hindusthan Samachar / Jun Sarkar