Share Bazaar: Sensex scored 104 points due to buying by foreign investors, Nifty also on 24419
Share Bazaar News: The Sensex and Nifty were trading in a positive realm in early trade on Monday amidst the buying of foreign investors and a boom in US markets. The strong trend in Asian markets further promoted optimism among investors. During this period, the 30 -share BSE Sensex rose 104.84 points to 79,962.63. Similarly, NSE NIFTY was 55.85 points to 24,419.15.
Shares of these major companies fluctuate: The shares of State Bank of India, Trent, NTPC, Tata Motors, UltraTech Cement and Kotak Mahindra Bank were significantly gained among the Sensex companies. On the other hand, shares of Titan, ICICI Bank, HCL Tech and Bajaj Finserv declined.Also Read: Share Market: Sensex rises 419 points, Nifty also gains momentum
FII bought shares worth Rs 1,932.81 crore on Monday: SheAccording to the data of Yer Bazaar, foreign institutional investors ((FII)) on Friday bought shares worth Rs 1,932.81 crore. Global oil standard Brent crude was trading at a price of $ 66.29 per barrel.Also Read: Share Bazaar: Sensex and NIFTY have increased in early trade due to strong Asian markets
Rupee rose by 8 paise to 87.50 against US dollar: Rupee (Rupee) rose 87.50 in early trade on Monday as against US Dollar (US Dollar). Due to weakness in American currency, investors are waiting for signs from the upcoming dialogue between Russia and the US. Forex traders said that the Indian rupee opened with a slight lead on Monday. It is expected to be within 87.25 to 87.80 radius against the US dollar.
The rupee opened at 87.56 against the US dollar and reached 87.50 in the interbank foreign currency exchange market, showing an increase of 8 paise in the previous closed price. The rupee closed at 87.58 against the US dollar on Friday. Meanwhile, in futures trading, Brent crude prices fell 0.48 percent to $ 66.27 per barrel.
The dollar index, depicting the US dollar position against 6 major currencies, fell 0.11 percent to 98.07. According to stock market data, foreign institutional investors (FIIs) on Friday bought shares worth Rs 1,932.81 crore. (Language)
Edited by: Ravindra Gupta
