The stock market rose, the Nifty at the level of 14,800.
New Delhi:
Stock Market Updates: Looking at the decline in the closing for the last four days Domestic stock market Thursday opened with a bounce amid positive global signals. Flat trading was seen in the stock markets on Wednesday due to the two-day policy meeting of the Federal Reserve Bank of America. Investors were cautious. But after the announcement of no change in monetary policy and repo rate in the meeting, the opening has been a bit good today.
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After the market opened at 09:16, the Sensex opened 438.12 points, or 0.88%, to open at 50,239.74. At the same time, the Nifty showed a rise of 134.60 points i.e. 0.91% at the level of 14,855.90. About 1023 shares have gained in the opening, 240 shares have fallen and there is no change in 50 stocks.
Asian markets are also seeing good boom today. Japan’s Nikkei Future and Hong Kong’s Hong Seng Future Index have recorded good gains.
Let the investors know that the property has lost more than Rs 5.55 lakh crore due to the ongoing decline in the domestic stock market from the last four trading sessions. The BSE Sensex fell 562.34 points, or 1.12 percent, to close at 49,801.62 points on Wednesday due to rising cases of Kovid-19 in the country and selling in Reliance Industries and bank shares. In the last four days, the Sensex has come down by 1,477.89 points i.e. 2.88 percent. Due to this four-day decline, the market capitalization of listed companies on the BSE declined by Rs 5,55,400.52 crore to Rs 2,03,71,252.94 crore.
(With input from language)