Share Bazaar News: The local stock market rose in the 5th consecutive trading session on Monday and the BSE Sensex was in profit of more than 855 points, while the National Stock Exchange (NSE) Nifty crossed 24,100 points. With the buying of foreign institutional investors, the market and IT stocks increased the market after better quarterly results of companies.
The 30 -share BSE Sensex closed up 855.30 points, or 1.09 percent to close at 79,408.50 points above 79,000 points. At one time it climbed to 1,081.85 points during trading. The National Stock Exchange’s Nifty also closed at 24,125.55 points with a gain of 273.90 points, or 1.15 percent.Also Read: Share Bazaar: Huge increase in early trade in the stock market, Sensex 79,000 levels cross the Nifty crossing 24,000
Shares of these major companies fluctuate: The companies included in the Sensex were prominently profitable among Tech Mahindra, IndusInd Bank, Power Grid, Mahindra & HCL Tech, State Bank of India, Kotak Mahindra Bank, Infosys and Reliance Industries. On the other hand, the disadvantage shares include Adani Ports, Hindustan Unilever, ITC, Asian Paints and Nestle.
Shares of HDFC Bank and Infosys boom: Private sector HDFC Bank shares rose by more than 1 percent. The reason for this was the bank’s integrated net March quarter increased by 7 percent to Rs 18,835 crore. Infosys shares rose by more than 2 percent. The reason for this is the company’s net profit of the company’s March quarter and increased by 3.3 percent on a quarterly basis. Apart from this, Reliance Industries shares gained nearly 2 percent. This had a positive impact on the market. According to the stock market data, foreign institutional investors (FIIs) on Thursday bought shares worth Rs 4,667.94 crore.ALSO READ: Stock Markets: Stock market gains for the third consecutive day, Sensex crosses 77000
In Asian and American markets: Other markets in Asia were in South Korea’s Korea and China’s Shanghai SSE composite increased while Japan’s Nikki was in loss. Hong Kong market was closed. The US markets closed down on Thursday. The US stock market remained closed on Friday due to ‘Good Friday’.
Brent Crude slipped at $ 66.25 per barrel: Global oil standard Brent crude broke 2.71 percent to $ 66.25 per barrel. On Thursday, the BSE Sensex rose by 1,508.91 points while NSE Nifty was gaining 414.45 points. The stock markets were closed due to ‘Good Friday’ on Friday. (Language)
Edited by: Ravindra Gupta
