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Due to strong signals from the global market, the Indian stock market was seen green for the second consecutive trading day on Thursday and the market closed in the green. At market close, the 30-share BSE Sensex was up 789.74 points or 1.06 per cent at 75,398.72, while the Nifty 50 was up 277 points or 1.18 per cent at 23,689.60.

During the day, the 30-share BSE Sensex and NSE Nifty50 saw a strong rise and registered a rise of more than 1 percent. Nifty50 opened at 23,530.25 and made an intra-day high of 23,777.20, while Sensex opened at 74,947.12 and touched the day’s high of 75,681.88.

In the broader market, Nifty Midcap rose 1.12 per cent, while Nifty Smallcap declined marginally by 0.01 per cent.

Sector wise, Nifty Pharma, Nifty Healthcare and Nifty Metal saw a rise of more than 2 percent. Apart from this, Nifty Financial Services, Nifty PSU Bank, Nifty Private Bank, Nifty Consumer Durables recorded a rise of more than one percent, while Nifty IT saw the highest decline of about 2 percent.

A total of 38 stocks in Nifty 50 pack registered gains. In this, the shares of Adani Enterprises (up 8.8 percent), Cipla (up 8.09 percent), Bharti Airtel (up 5.2 percent), Eternal, Hindalco, Dr. Reddy’s Laboratories, HDFC Bank, Adani Ports and Max Health saw the maximum rise, while on the contrary, the shares of Infosys, Tech Mahindra, HCL Tech, Coal India and TCS recorded the maximum decline.

Investors earned Rs 4.3 lakh crore in a single session as the total market capitalization of BSE-listed companies rose to Rs 462.9 lakh crore from Rs 458.6 lakh crore in the previous session.

The Indian stock market witnessed a rise despite the Indian rupee falling to a new record low and Brent crude oil trading above $105 per barrel. Meanwhile, investors are keeping an eye on the outcome of the meeting between US President Donald Trump and Chinese President Xi Jinping.