Domestic stock markets were seen fluctuating on the third trading day of the week, Wednesday on Wednesday, amid fears of lockdown once again in the world’s major economies. It closed at the red mark after opening at record level. Before this, the Sensex-Nifty was in a boom for several days. The Bombay Stock Exchange’s flagship index Sensex lost 0.54 per cent, down 263.72 points to close at 48174.06. At the same time, the National Stock Exchange’s Nifty lost 53.25 points (0.38 per cent) to close at 14146.25.
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. With this, there was a slowdown in the Asian market today. In this, Japan’s Nikkei index fell, China’s Shanghai Composite and Hong Kong’s Hangseng markets closed flat. Investors are selling major market shares.
Talking about the big stocks, today the shares of Power Grid, Hindalco, GAIL, Shree Cement and Bharti Airtel closed on the green mark. The shares of Axis Bank, ITC, Reliance, Bajaj Finance and HCL Tech closed at the red mark.
If we look at the sectoral index, today metal, banks, media, realty, private banks and finance services closed on the green mark. Auto, PSU Bank, FMCG, IT and Pharma on the red mark.
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.
The BSE Sensex opened with an increase in early trading. After opening at a record level of 48,616.66, the Sensex rose 113.07 points to 48,550.85 and the Nifty rose 38.95 points to 14,238.45 in early trade.
The domestic stock market showed enthusiasm in investors on Tuesday and closed on the green mark. The Sensex gained 0.54 per cent to end 260.98 points at 48437.78 and the Nifty was up 66.60 points (0.47 per cent) to close at 14199.50.