Asian markets gave a boost to the market

Today, on the second trading day of the week i.e. Wednesday, foreign funds continued to come in and positive signals from other Asian markets gave a boost to the market and the stock market closed on the edge. Bombay Stock Exchange’s flagship index Sensex gained 0.52 percent to close at 221.34 points at 44180.05 level. At the same time, the National Stock Exchange’s Nifty gained 0.50 percent (64.05 points) to close at 12938.25 level. This is the highest level of the market. The news of another successful trial of Corona vaccine also saw a boom in the market.

On 16 November 2020, the domestic stock market was closed on the occasion of Diwali Balipratipada. The index has recovered the entire loss in the year 2020. It closed at 41,306.02 on January 1, 2020. However according to analysts, further market volatility will continue. Hence investors should be cautious. Foreign institutional investors bought shares worth Rs 4,905.35 crore in the capital market on Tuesday, according to provisional stock market data.

Talking about the big stocks, today the shares of Tata Motors, M&M, Bajaj Finserv, L&T and Idesind Bank closed on the green mark. On the other hand, shares of BPCS, Hindustan Unilever, Doctor Reddy, Titan and TCS closed at the red mark.If we look at the sectoral index, today, apart from FMCG, pharma and IT, all sectors closed on the green mark. These include Media, PSU Bank, Bank, Private Bank, Finance Services, Realty, Metal and Auto.

Asian markets gave a boost to the market
Asian markets gave a boost to the market

Today the stock market opened on the red mark. The Sensex was down 111.01 points (0.25 per cent) to open at 43841.70 and the Nifty opened with a decline of 30.70 points (0.24 per cent) at 12843.50.

Yesterday, the Sensex gained 0.72 per cent to close at 43952.71, up 314.73 points. At the same time, the Nifty closed at 12874.20 with a gain of 0.74 per cent (93.95 points).