Today, on the very first day of the new year, the stock market closed on the green mark. The Bombay Stock Exchange’s flagship index Sensex gained 0.25 per cent to 118.65 points, closing at 47868.98. At the same time, the National Stock Exchange’s Nifty gained 36.75 points (0.26 per cent) to close at the level of 14018.50. This is their highest level. Today, the market has closed for the ninth consecutive week. The Sensex closed at 41,306.02 on January 1, 2020. But according to analysts, further market volatility will continue. Hence investors should be cautious.
The year 2020 was a big development for the stock markets. In March 2020, the corona virus epidemic hit India. The stock market was also not untouched by the corona virus. 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.
Talking about the big stocks, today the shares of Adani Ports, TCS, ITC, M&M and SBI closed on the green mark. ICICI Bank, SBI Life, HDFC Bank, Titan and Hindalco closed at the red mark. Taking a look at the sectoral index, today banks, PSU banks and finance services closed on the red mark. FMCG, IT, Private Banks, Pharma, Realty, Media, Auto and Metal are on the green mark.
Today the domestic stock market started at the edge. The Sensex opened 120.70 points (0.25 per cent) at 47,872.03. The Nifty opened 0.25 percent (35.30 points) above the 14,017.10 level.
The stock market closed flat on the last day of December 31, 2020. The Sensex closed at a level of 47751.33, up 5.11 points with a slight gain of 0.01 percent. The Nifty closed at the level of 13981.75 with a gain of 0.20 points.