Share Bazaar News: Despite Indo -Pak tension, the stock market booms, Sensex 77 and Nifty climbed 23 points
Share bazaar: The continuous flow of foreign capital, the decline in early trade on Wednesday amidst the continuous flow of foreign capital, the Sensex and NIFTY bounce after the decline in early trade on Wednesday. The BSE Sensex fell by 232.51 points to 80,055.87 points in early trade while NSE Nifty slipped 67.15 points to 24,268.80 points. However, both of them later gained an edge and started trading within a positive realm. The Sensex gained 76.72 points to 80,365.10 points and the Nifty rose 23.30 to 24,359.25 points.
Shares of these major companies fluctuate: Out of the 30 companies involved in the Sensex, Bajaj Finserv’s stock fell by 6 percent while Bajaj Finance broke over 4 percent. Shares of Tata Motors, IndusInd Bank, State Bank of India and UltraTech Cement were also in disadvantage. Shares of Power Grid, Hindustan Unilever, HDFC Bank, NTPC, Mahindra and Mahindra and Maruti were profitable.Also Read: Share Bazaar: The stock market closed with a slight increase, Sensex 70 and NIFTY 7 points up by taking alert stance of investors
In Asian and American markets: In the Asian markets, South Korea’s Cappey and Shanghai SSE composite were in loss while Japan’s Nikki 225 and Hong Kong’s Hangseng were in profit. The American markets closed with a positive attitude on Tuesday.
Brent crude falls 1 percent to $ 63.61 per barrel: International standard Brent crude fell by 1 percent to $ 63.61 per barrel. According to the stock market data, foreign institutional investors (FIIs) were living on Tuesday and purely bought shares worth Rs 2,385.61 crore.
Rupee falls 19 paise to 85.15 per dollar: The rupee fell by 19 paise to 85.15 per dollar in early trade on Wednesday. Geophysical stress and increasing demand for US dollar have increased pressure on local currency. However, foreign capital flows and crude oil prices supported the domestic currency at a lower level.Also Read: Share Bazaar: Sensex 1000 points broken by Pahalgam attack, NIFTY also below 24000 levels
The interbank foreign currency exchange market opened at 85.15 against the rupee, which shows a fall of 19 paise in the previous closed price. The rupee closed at 84.96 against the US dollar on Tuesday. Meanwhile, the dollar index, which showed the US dollar status against 6 major currencies, rose by 0.11 percent to 99.34.Also Read: Share Bazaar: Huge increase in early trade in the stock market, Sensex 79,000 levels cross the Nifty crossing 24,000
The BSE Sensex gained 165.90 points to 80,454.28 points in the domestic stock market, while the Nifty rose 51.30 points to 24,387.25 points. International standard Brent crude fell by 1.11 percent to $ 63.54 per barrel. According to the stock market data, foreign institutional investors (FIIs) were living on Tuesday and they bought shares worth Rs 2,385.61 crore. (Language)
Ravindra gupta
