Today, on the fourth trading day of the week i.e. Thursday, the stock market closed on the green mark after the day’s ups and downs. The Bombay Stock Exchange’s major index Sensex closed up at 49584.16, up 91.84 points, or 0.19 per cent. On the other hand, the National Stock Exchange’s Nifty gained 30.75 points (0.21 per cent) to close at 14595.60.
Last week, the Sensex gained 913.53 points, or 1.90 percent, while the Nifty gained 328.75 points, or 2.34 percent. 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.
Talking about the big stocks, shares of UPL, BPCL, TCS, IOC and IndusInd Bank closed on the green mark today. On the other hand, shares of HCL Tech, Grasim, JSW Steel, Axis Bank and Tech Mahindra closed on the red mark.
If we look at the sectoral index, today all sectors except FMCG, PSU Bank, Pharma and Auto closed on the red mark. These include IT, banks, media, private banks, metals, realty and finance services.
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.
Today, the Sensex opened 76.91 points (0.16 per cent) down to 49,415.41 in early trade. The Nifty was down 12.20 points (0.08 per cent) at 14,552.70. It closed flat on Wednesday after day-long fluctuations. The Sensex was up 24.79 points (0.05 per cent) to end at 49492.32. The Nifty closed at the level of 14564.85 with a gain of 1.40 points.