Today, on the last trading day of the week i.e. Friday, the stock market opened on the green mark. After this, the market continues to boom. At 10.33 am, the Sensex was up 511.34 points at 48951.46 and the Nifty was up 165.95 points at 14490.85. In early trade, the Bombay Stock Exchange’s flagship index Sensex opened with a gain of 487.40 points (1.01 per cent) at 48,927.52. At the same time, the National Stock Exchange’s Nifty opened at 14,477.80, up 152.90 points, or 1.07 percent. There was a huge fall in the market on the previous trading day, but today the domestic market returned to awe.In early trade, 1036 stocks gained, 222 stocks declined, while there was no change in 48 stocks. The market capitalization of listed companies on the BSE has gone up to Rs 200.82 lakh crore from Rs 198.75 lakh crore yesterday.
Brightness returned from shopping in global markets
Investors shopped in the market on the hope of a better recovery in the US economy. The Dow Jones Index gained 199 points to close at 32,619. The Nasdaq index gained 15 points to close at 12,977 points. Hong Kong’s Hangseng index has climbed 287 points, or one per cent, to 28,187. China’s Shanghai Composite is trading up 46 points at 3,409. Japan’s Nikkei index is trading at 29,194, climbing 464 points. Korea’s Cospi Index and Australia’s All Ordinaries also have a gain of up to 0.80 per cent.
State of heavy stock
Talking about the big stocks, during the initial trading today, shares of all the big companies opened up on the rise except TCS. Top leading stocks include Bajaj Auto, HCL Tech, Asian Paints, ONGC, Kotak Mahindra Bank, Bharti Airtel, HDFC, Power Grid, ITC, Titan, etc.
Sectoral index tracking
If we look at the sectoral index, today all the sectors other than Pharma and FMCG started on the decline. These include metal, IT, realty, media, banks, finance services, auto, PSU banks and private banks.
2021-03-26
