Share Bazaar has a boom in the fourth consecutive day, bank shares gained 256 points, Nifty also got up
Share Bazaar News: The local stock market continued to rise in the fourth consecutive trading session on Monday and BSE Sensex was in profit of 256 points. At the same time, the NSE NIFTY of the National Stock Exchange climbed 100 points. The market was in the market gains due to boom in global markets and improving investors’ perception after a major cut in REPO Rate of Reserve Bank of India (RBI).Also Read: Share Market Today: After becoming India’s fourth largest economy
Bank shares boom due to buying: The BSE Sensex based on 30 shares closed at 82,445.21 points with a gain of 256.22 points, or 0.31 percent. Buying in bank shares mainly led to the market. At one time it climbed to 480.01 points during trading. The 50 -share NSE Nifty closed at 25,103.20 points with a gain of 100.15 points, or 0.40 percent. The market perception was also positive over another round of trade talks between the US and China.Also Read: Sensex 444 points due to purchases in shares, 131 points in Nifty also gained 131 points
Shares of these major companies fluctuate: Kotak Mahindra Bank, Bajaj Finance, Axis Bank, Power Grid, IndusInd Bank, Maruti, Bajaj Finserv and NTPC were the highest among the Sensex shares. On the other hand, the damage shares include ICICI Bank, Titan, Mahindra & Mahindra, Adani Ports, Tata Steel and Bharti Airtel.
In Asian and American markets: In the Asian markets, South Korea’s Cappey, Japan’s Nikki, China’s Shanghai Composite and Hong Kong’s Hangseng closed with an edge. There was a slight decline in the afternoon trading in European markets. The US markets on Friday closed with an edge. According to the stock market data, foreign institutional investors (FIIs) on Friday bought shares worth Rs 1,009.71 crore.Also Read: Stock market declines in early trade, Sensex 200 and Nifty 61 points slipped
Brent Crude at $ 66.67 per barrel: Global oil standard Brent crude gained 0.30 percent to $ 66.67 per barrel. The BSE Sensex rose 746.95 points on Friday while NSE Nifty gained 252.15 points. (Language)
Edited by: Ravindra Gupta
