7 December: Market grows by 120 points in early trade
With the fall of stock market on Thursday, a recovery was seen on last day of trading week. On Friday, the Sensex gained 120 points in early trading at 35,436. The Nifty is trading 27 points higher at 10,627. Recovery in rupee is due to the rise in the stock market. Let us tell you that the Sensex was 572 points down on Thursday.
There was a huge decline in the stock market on Thursday. Sensex closes at 572 points, down 35312 The Nifty slipped 181 points to 10601 levels. Earlier on Wednesday, the Sensex had slipped nearly 250 points to close at 35,884, while the Nifty slipped 85 points to 10,784.
The rupee has started with the rise today. The rupee today rose by 34 paise to 70.56 against the dollar. However, the rupee was seen weak on Thursday. The rupee depreciated 44 paise against the dollar, and closed at 70.90 level.
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