The local stock market opened in a red mark on Friday (March 21) in the last trading session of the week, as global markets declined amidst American trade tariff concerns. If we talk about 9.30 am, the Sensex opened in a red mark at 9.31 am and started trading in the green mark within a few minutes. The Sensex gained 59 points to open at 76,407.06 points while the Nifty gained 1.50 points to 23,192.15 points.
How was the market performance on Thursday?
On Thursday, FII raised Rs 1,000 crore. Indian shares worth Rs 3,239.14 crore were purchased, while domestic institutional investors were Rs. Indian shares worth Rs 3,136.02 crore were sold.
The market saw a huge rise in the market in the last trading session. The BSE Sensex rose by 1.19 percent to close at 76,348, while the Nifty rose 1.24 percent to close at 23,190.
What are the signs coming from global markets?
The US markets failed to maintain its speed on Thursday after the Federal Reserve kept interest rates stable. S&P 500 closed down 0.22 percent to close at 5,662.89, Nasdaq Composite fell 0.33 percent to close at 17,691.63 and Dow Jones Industrial Average fell 0.03 percent to 41,953.32.
At the same time, there is a mixed trend in Asian markets. Australia’s S&P/ASX 200 today rose 0.27 percent. Japan’s Nikkei 225 also increased 0.49 percent and Topics 0.68 percent.
South Korea’s Kospi declined 0.13 percent and small-cap Kosdac by 0.62 percent. Hong Kong’s Hangseng index fell 0.53 percent and CSI 300 0.19 percent of the mainland China.
