Market sentiment has been strengthened due to the steady flow of foreign funds and the stock market closed sharply on Tuesday, the second trading day of the week. The Bombay Stock Exchange’s flagship index Sensex gained 0.40 percent to 181.54 points, closing at 45608.51. At the same time, the National Stock Exchange Nifty gained 0.28 per cent (37.20 points) to close at the level of 13392.95. Investors are eyeing global developments with news related to the Corona virus.
Last week, the 30-share BSE Sensex gained 929.83 points or 2.10 per cent. The Nifty rose 289.60 points or 2.23 percent. It is known that 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.
Talking about the big stocks, today UltraTech Cement, TCS, Reliance, Wipro and HCL Tech closed on the green mark. Hindalco, Sun Pharma, Coal India, NTPC and IndusInd Bank closed at the red mark.
Taking a look at the sectoral index, today banks, IT, finance services, PSU banks and realty closed on the green mark. Private banks, FMCG, pharma, media, auto and metal are on the red mark. The stock market opened up in early trading. The Sensex opened up 52.69 points (0.12 per cent) at the level of 45479.66 and the Nifty started with a gain of 18.70 points (0.14 per cent) at 13374.50.
The stock market continued to run on Monday. The Sensex gained 0.77 per cent to close at 45426.97, up 347.42 points. At the same time, the Nifty closed at 13355.75 with a gain of 0.73 per cent (97.20 points).