Stock market today: The stock market has seen a boom today as the amount of purchases at the lower levels has increased. After opening with a positive attitude, the Sensex rose 860.58 points to 80,000. Today the market supported the market by large-scale purchases in banking, energy and oil-gas stocks. Investors’ capital Rs. There has been an increase of 3 lakh crores.
Nifty close to 24300
The Nifty 50 today reached close to the critical support level of 23300 for the boom. Which rose more than 200 points to 24283. At 10.30 am it was trading at 24235.15 with a gain of 195.80 points. Bank Nifty was also trading up 563 points. After a huge upheaval in the stock market last week, there is now a positive attitude. Foreign investors have invested a total of Rs 1,000 crore. There has been a turnover of Rs 100 crore in the last eight trading sessions. A procurement of Rs 32465 crore has been recorded. Foreign investors have turned their money back to the Indian stock market due to foreign stock markets, US bonds and dollar weakness. Apart from this, the improvement in the Asian market has also been affected at the domestically positive factors.
Due to the boom in the stock market
1. Foreign investors bought Rs 32,000 crore in the last eight trading sessions.
2. Possibility of success in bilateral trade agreements between America and India
3. US Dollar Index again in the grip of recession after two years
4. Brent crude prices fall, rupee strong
5. Effect of strong GDP growth and improving inflation at the domestic level
6. Top companies have strong quarterly results than expected
Banckes rises 800 points
Shopping in banking and financial shares is continuously increasing. BSE Banckes was trading up 812 points today. Federal Bank, ICICI Bank, Axis Bank, SBI and Canara Bank shares were the most profitable today. DCB Bank’s stock increased by 9.17 percent, RBL 6.87 percent.
The post Sensex jumps more than 850 points to 80,000, banking-energy stocks boom, know the reason for the bounce first appeared on News India Live | Breaking India News, The Indian Headline, India Express News, Fast India News.
