The domestic stock market continues to fluctuate before Budget 2021. After opening at the edge today, the stock market closed on the fourth trading day i.e. Thursday on the downward trend. The Bombay Stock Exchange’s flagship index Sensex lost 0.17 per cent, down 80.74 points to close at 48093.32. At the same time, the National Stock Exchange’s Nifty closed at 14137.35, a slight drop of 8.90 points (0.06 per cent).
Talking about the big stocks, today the shares of Bharti Airtel, Hindalco, Tata Steel, Adani Ports and IndusInd Bank closed on the green mark. The shares of Nestle India, HDFC Life, Titan, Hindustan Unilever and Divis Lab closed at the red mark.
Investors are worried about investment before the Union Budget because according to most market analysts, due to Corona, this time budget will not be as expected. Hence the market continues to fluctuate. Today, Japan’s Nikkei index was trading up 485 points at 27,541 in Asian markets. China’s Shanghai Composite Index was trading 12 points at 3,563. Hong Kong’s Hangseng index was down 64 points at 27,628.
If we look at the sectoral index, today, apart from FMCG, IT and pharma, all sectors closed on the green mark. These include metals, banks, media, realty, private banks, finance services, auto and PSU banks.
The year 2020 was a big development for the stock markets. In March 2020, the corona virus epidemic hit India. The corona virus also did not leave the stock market untouched. The domestic market fluctuated. While the stock market went bust in March, the Sensex-Nifty recovered the entire loss in 2020 at the end of the year.
On Wednesday, the domestic stock market closed at a red mark after opening at record levels. Before this, the Sensex-Nifty was in a boom for several days. The Sensex was down 263.72 points at 0.517 per cent to close at 48174.06. The Nifty was down by 53.25 points (0.38 per cent) to close at 14146.25. Today the domestic stock market started at the edge. The index Sensex opened at 48459.73, up 285.67 points (0.59 per cent). The Nifty opened 83.70 points (0.59 per cent) above the 14230 level.