Share Bazaar: Stock market rises after a huge fall of last season, Sensex 268 and Nifty climbed 82 points
Mumbai share bazaar: In the domestic stock markets, the Sensex and NIFTY saw a huge decline in the last session on Wednesday. BSE Sensex rose by 267.68 points to 81,454.12 points in early trade while NSE NIFTY reached 24,766.15 points with a gain of 82.25 points.
Shares of these major companies fluctuate: Among the 30 companies included in the Sensex, Nestle, HDFC Bank, Hindustan Unilever, Maruti, UltraTech Cement, ICICI Bank, Axis Bank, Tata Consultancy Services, Tata Motors and State Bank shares were the most profitable. The share of the Internal, IndusInd Bank, Adani Ports and Kotak Mahindra Bank declined.Also Read: Share Bazaar: Sensex 281 and Nifty 97 points up due to inflation reaching the lower level
In Asian and American markets: Among the Asian markets, Shanghai SSE Composite, Hong Kong’s Hangseng and South Korea were in the best, while Nikki of Japan was in 225 losses. Most American markets closed on Tuesday with a negative attitude.
Brent Crude (Brent Crude) at $ 66.34 per barrel and FII was sold on Tuesday: International standard Brent crude gained 1.48 percent to $ 66.34 per barrel. According to the stock market data, foreign institutional investors (FIIs) were selling on Tuesday and purely sold shares worth Rs 10,016.10 crore. The BSE Sensex fell 872.98 points i.e. 1.06 percent to 81,186.44 points on Wednesday, while the National Stock Exchange’s Nifty fell 261.55 points, or 1.05 percent, to close at 24,683.90 points.ALSO READ: Listing of Ether Energy shares in the market, how was it started?
Rupee weakens 9 paise, at 85.67 against US dollar: The rupee weakened by 9 paise in early trade on Wednesday to 85.67 against the US dollar due to deteriorating market perception under continuous withdrawal pressure of foreign capital. Forex traders said that global crude oil prices have increased negative pressure on the US dollar/Indian rupee pair.ALSO READ: Has the cloud of uncertainty away from the stock market, will the market increase or will there be a stir?
Interbank foreign currency exchange market The rupee opened at 85.65 per dollar. Then came at 85.67 against the dollar, which shows a decline of 9 paise in the previous closed price. The rupee closed at 85.58 against the US dollar on Tuesday. Meanwhile, the dollar index, depicting the US dollar position against 6 major currencies, fell 0.47 percent to 99.65. (Language)
Edited by: Ravindra Gupta