Share Market: After all three, greenery returned in the Indian stock market, Sensex rose by 650 points, Nifty crossed 21,650.
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Share Market Opening: After three days, enthusiasm is being seen in the Indian stock market. Amid strong signals from the global market, at 9.25 am the Sensex rose 0.91 percent or 650.98 points to reach 71,837.84. There itself, nifty It is trading at 21,656.50, increasing by 0.91 percent i.e. 194.25. In such a situation, today the market seems to be in complete recovery mood. Out of thirty shares of BSE Sensex, except IndusInd Bank, remaining 29 shares are trading with green mark. There is a stormy rise in the shares of Tech Index. Tech Mahindra was trading with a gain of around 2.20 percent at 9.18 am. Wipro, HCL Tech, Infosys and TCS are also trading above one percent. Shares of Titan, Axis Bank, NTPC, Bajaj Finance, ICICI Bank, JSW Steel, ITC, Bharti Airtel are seeing a rise.
How was the Asian market?
Before the market opened, at 7:40 am, Gift Nifty was seen up 28 points at 21,555. Meanwhile, in Asia, Nikkei rose 1.5 percent and Kospi rose 1 percent. On the other hand, the ASX200 and Hang Seng rose up to 0.7 percent. Wall Street indices gained momentum with the Dow Jones Industrial Average rising 0.54 per cent, S&P 500 rising 0.88 per cent and the tech-heavy Nasdaq Composite rising 1.35 per cent. This is likely to boost the domestic market today. In such a situation, these shares will be under watch in the market.
Results of these companies will come
Reliance Industries, Hindustan Unilever, UltraTech Cement, Hindustan Zinc, Supreme Industries, One 97 Communications, Central Bank, CreditAccess Grameen, Hatsun Agro Products, RBL Bank, Tejas Network, Atul, Wendt (India), CESC, Avantel.
how was the market yesterday
There was a decline for the third consecutive day on Thursday and BSE Sensex fell by 314 points. The market fell due to continuous selling in HDFC Bank and selling in shares of consumer durables and power companies. BSE Sensex based on 30 shares closed at 71,186.86 points with a fall of 313.90 points or 0.44 percent. It had fallen to 835.26 points during trading. National Stock Exchange’s Nifty also closed at 21,462.25 points with a decline of 109.70 points or 0.51 percent. It had fallen to 286.4 points during trading. This decline has occurred in the market after the recent rise. BSE Sensex had reached a record 73,427.59 points on Tuesday and Nifty had reached 22,124.15 points. In three days, the Sensex has fallen by 2,141 points or three percent, while the Nifty has fallen by 635 points or 2.89 percent. Among the Sensex companies, HDFC Bank, NTPC, Asian Paints, Power Grid, Titan, IndusInd Bank, Nestle and Maruti were major losers. The trend of decline continued in HDFC Bank and it fell further by 3.26 percent. On Wednesday it had fallen by more than eight percent. The bank’s shares have fallen due to the financial results of the October-December quarter not being as per market expectations. HDFC Bank alone contributed 305 points to the total fall in Sensex.
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