Share Bazaar News: The local stock market rose on Wednesday amidst a strong trend of Asian Markets and BSE Sensex rose 540 points, while NSE Nifty reached above 25,200 points. The Asian markets had a positive impact after the trade agreement between Japan and the US.
The 30 -share BSE Sensex closed at 82,726.64 points with a gain of 539.83 points, or 0.66 percent. At one time it climbed to 599.62 points during trading. The 50 -share NSE Nifty rose by 159 points, or 0.63 percent, closed at 25,219.90 points.Also Read: Share Market Today: Sensex and NIFTY closed with stable stance in the stock market in ups and downs
Shares of these major companies fluctuate: The companies included in the Sensex were prominently profitable Tata Motors, Bharti Airtel, Bajaj Finance, Maruti, Bajaj Finserv, ICICI Bank, HDFC Bank and Reliance Industries. On the other hand, the damage shares include Hindustan Unilever, UltraTech Cement, India Electronics and ITC.
In Asian and American markets: In other markets of Asia, Nikki, Japan jumped by 3.51 percent. The reason for this is US President Donald Trump’s announcement of trade agreement with Japan. Under the agreement, 15 percent duty will be imposed on goods imported from Japan. South Korea’s Cappey, China’s Shanghai Composite and Hong Kong’s Hangseng also were also in the lead.ALSO READ: Selling in the stock market, Nifty below 25,000, why deteriorating market moves?
The major markets of Europe were in an edge in the afternoon trading. The US markets closed with an edge on Tuesday. According to Ashika Institutional Equities, investors’ notion was strengthened globally after the US-Japan trade agreement. This has increased the expectations of agreements with more countries in the near future.
(FII) sold shares worth Rs 3,548.92 crore, Brent Crude slipped: According to stock market data, foreign institutional investors (FIIs) sold shares worth Rs 3,548.92 crore on Tuesday. Domestic institutional investors (DII) bought shares worth Rs 5,239.77 crore in the last business. The Brent Crude fell 0.45 percent to $ 68.29 per barrel.Also Read: Share Bazaar: Sensex 317 and NIFTY 114 points in the stock market continued from 4 days
American currency (Us currency) strength and Foreign institutional investors (FII), the rupee was weakened in 6 consecutive contracts sessions amidst the withdrawal of capital withdrawals and closed at 86.41 against the dollar (Dollar) on Wednesday at 86.41. (Language)
Edited by: Ravindra Gupta
