Continuing inward foreign funds, the stock market rose on the last trading day of the week, that is, Friday. The Bombay Stock Exchange’s flagship index Sensex gained 0.30 per cent to 139.13 points, closing at the level of 46099.01. On the other hand, the National Stock Exchange Nifty gained 0.26 per cent (35.55 points) to close at 13513.85.
The 30-share BSE Sensex gained 929.83 points or 2.10 per cent in the previous week. 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, ONGC, Tata Steel, GAIL, Coal India and NTPC shares closed on the green mark today. The shares of Axis Bank, Itcher Motors, Divis Lab, Adani Ports and M&M closed at the red mark.
If we look at the sectoral index, today, apart from Pharma Auto and IT, all sectors closed on the green mark. These include Realty, FMCG, Metal, PSU Bank, Bank, Finance Services, Private Bank, and Media.
It is known that after reaching the bottom level in March, on October 8, the Sensex had crossed 40 thousand to 40182. The Sensex then closed at 41,340 on November 5. On November 10, the index rose to 43,227 in intraday. It crossed 44180 on 18 November and 45000 on 4 December. On December 9, the Sensex closed at 46103.50 for the first time above 46 thousand.
Today, due to mixed global signals, the stock market returned to awe. The Sensex opened at 46123.15, up 163.27 points (0.36 per cent). The Nifty started with a gain of 54.20 points (0.40 per cent) at 13532.50.