The Indian economy is expected to have good days in the stock market today. Softening of crude oil modify the sentiment of the market and the showed buying trends. The upper levels of the market also showed a profit. And, finally, sensex about 1 percent and Nifty gained about 1 percent. Sensex and Nifty have managed to close at a record high today. The market closed at a record high for the third consecutive week.
The OPEC countries decided not to cut production after this news crude dropped to $ 71. Obviously these reassuring news for the Indian economy. Due to this reassuring news for the economy, the first day of December series broke the record height of the market. Sensex today touched the record upeer level of 28822.37, Nifty managed to touch the upper level of 8617.
The BSE 30-share index index Sensex finally leading with 255 points, i.e about 1 percent growth is close to the level of 28694. The NSE 50-share index Nifty 94 points, i.e lead with 1.1 percent to close at 8588 levels.
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