The stock market closed higher on Thursday, the fourth trading day of the week, on Thursday, due to the positive trend of global markets and continued foreign exchange flows. This is the fifth consecutive season when the domestic market bounced and the Sensex-Nifty reached an all-time high. The Bombay Stock Exchange’s flagship index Sensex gained 0.48 percent to close at 22888 points at 46890.34 level. At the same time, the National Stock Exchange’s Nifty gained 0.42 per cent (58 points) to close at 13740.70.
Commerce and Industry Minister Piyush Goyal said that foreign direct investment (FDI) has been increasing continuously due to the policies attracting foreign investors in the country. He said that FDI increased by 13 per cent to about US $ 40 billion during April-September 2020. He said at CII’s’ Partnership Summit 2020 ‘,’ Foreign direct investment in India has been steadily increasing. In the first nine months of this year, despite FDI epidemic, our FDI has increased and today our FDI policy is one of the most convenient and favorable policies in the world.
Talking about the big stocks, today shares of HDFC, Divis Lab, HDFC Bank, Bajaj Finance and IndusInd Bank closed on the green mark. Hindalco, Coal India, Maruti, Adani Ports and Tata Steel closed at the red mark.
If we look at the sectoral index, today Finance Services, Pharma, Realty, Private Banks and Banks closed on the green mark. PSU banks, media, auto, metal, IT and FMCG closed at the red mark.
Today the stock market opened at a flat level. The Sensex opened at a low of 46,658.36, down marginally by 8.10 points (0.02 per cent). The Nifty started at the level of 13,683.10, up 0.40 points. The stock market closed at the edge on Wednesday. The Sensex was up 403.29 points to end at 46666.46 with a gain of 0.87 per cent and the Nifty gained 0.85 per cent (114.85 points) to close at 13682.70.