New Delhi, 9 October (H.S.):

The domestic stock market is witnessing a bullish trend for the second

consecutive day. On Wednesday trading also started strongly, though there was

an attempt to put pressure on selling in the early trade, but due to the strong

buying, the stock market remained in the green mark continuously.

After the Reserve Bank of India announced no change in repo rates, there

was once again a strong bullish environment in the stock market. After the

first one hour of trading, the Sensex was trading with a strength of 0.45

percent and the Nifty with a strength of 0.53 percent.

Among the stock market's leading stocks, the shares of Shriram Finance,

Trent Limited, Bajaj Finance, Axis Bank and State Bank of India were trading

with a strength of 4.29 percent to 2.23 percent. On the other hand, the shares

of Nestle, Britannia, ITC, Hindustan Unilever and ONGC were seen trading with a

decline of 3.90 percent to 1.14 percent.

The BSE Sensex opened on Wednesday with a strength of 319 points at 81,954 points.

As soon as the trading started, profit booking started, due to which this index

fell to 81,692 points. However, as soon as RBI announced no change in policy

interest rates after 10 o'clock, there was an atmosphere of excitement in the

market and buying started all around. After the initial 1 hour of trading amid

continuous buying and selling in the market, The Sensex was trading at 82,004

points with a gain of 369 points. Like the Sensex, NSE's Nifty started trading

today with a gain of 52 points at the level of 25,065 points.

Earlier on the last trading day on Tuesday, the Sensex closed at the level

of 81,634 points with a gain of 584 points or 0.7 percent. On the other hand,

Nifty ended Tuesday's trading at the level of 25,013 points with a gain of 217 points

or 0.8 percent.

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Hindusthan Samachar / Nimish kumar