Share Bazaar News: Domestic stock markets Sensex and Nifty recorded a boom in early trade on Monday. The Sensex gained 1,021.93 points in early trade to 81,619.59 points and the Nifty rose by 322.2 to 24,953.50 points. In the Asian Markets, China’s Shanghai SSE Composite, Nikki 225 of Japan and Hong Kong’s Hangseng were in profit while South Korea’s Cupi was in loss. The US markets were closed with a negative attitude on Friday. On the other hand, the rupee has gained 20 paise against the dollar.ALSO READ: Vikram Solar IPO will open on August 19, price circle will remain Rs 315 to 332 per share
Shares of these major companies fluctuate: Among the 30 companies included in the Sensex, Maruti, Bajaj Finance, Mahindra & Mahindra, UltraTech Cement, Trent and Bajaj Finserv were benefited. Larsen & Toubro, ITC, HCL Technologies and Infosys shares declined.
In Asian and American markets: Among the Asian markets, China’s Shanghai SSE Composite, Japan’s Nikki 225 and Hong Kong’s Hangseng were in advantage while South Korea’s Cappey was in disadvantage. The American markets were closed with a negative attitude on Friday.
Brent Crude at $ 65.82 per barrel and FII was sold on Friday: International standard Brent Crude was at a price of $ 65.82 per barrel. According to the stock market data, foreign institutional investors (FIIs) were selling on Thursday and purely sold shares worth Rs 1,926.76 crore. Currency and stock markets were closed on Friday on the occasion of Independence Day.ALSO READ: Reliance deposited 2.10 lakh crores in government treasury, 5 times the shareholders
Rupee gained 20 paise to 87.39 per dollar in early trade: The rupee gained 20 paise in early trade on Monday to reach 87.39 against the US dollar amid positive trend in domestic stock markets. Forex traders said that market participants are likely to be cautious amid uncertainty on the issue of trade fee between India and the US.
Rupee opened at 87.46 against US dollar: The rupee opened at 87.46 against the US dollar in the Interbank Forex Exchange Market. Then reached 87.39 per dollar, which shows a growth of 20 paise in the previous closed price. The rupee closed at 87.59 against the US dollar on Thursday. Currency and stock markets were closed on Friday on the occasion of Independence Day.
Meanwhile, the dollar index, depicting the US dollar position against 6 major currencies, gained 0.01 percent to 97.86. In domestic stock markets, the Sensex gained 1,021.93 points in early trade to 81,619.59 points while the Nifty rose by 322.2 points to 24,953.50 points.
International standard Brent crude slipped 0.06 percent at $ 65.81 per barrel. According to the stock market data, foreign institutional investors (FIIs) were selling on Thursday and purely sold shares worth Rs 1,926.76 crore. (Language)
Edited by: Ravindra Gupta
