Strong recovery in stock market, Sensex crosses 80 thousand, shares of banking sector rise.

Stock Market 11 November Update: There is turmoil in the stock market on the first day of the week. As soon as it opened, a fall of 400 points was seen in the Sensex. But after initially trading with a decline, there was a sudden rise in the stock market. Sensex crosses 80 thousand with strong recovery. So Nifty traded at 24,317, up 170 points.

PowerGrid shares were trading up by 4.41 per cent, Tata Motors shares by 2.83 per cent, TCS shares by 2 per cent, Tech Mahindra by 1.63 per cent, HDFC Bank shares by 1.51 per cent and ICICI Bank shares by 1.10 per cent.

Big advantage in banking sector

HCL Tech, Infti, Maruti, NTPC, ITC, Bharti Airtel, UltraTech Cement were also trading in the green. Along with HDFC Bank and ICICI Bank, shares of SBI, Axis Bank, Kotak Bank, IndusInd Bank are trading with a gain of 1 percent.