In today’s business, pressure is being seen in Asian markets including SGX Nifty. On the other hand, flat trading is being seen in stock futures.
Stock Market Update Today: The domestic stock market is witnessing a spectacular rise amid mixed global signals. In today’s trading, both Sensex and Nifty indices have huge gains. Sensex has strengthened by more than 750 points. Whereas Nifty went beyond 17850. At present, the Sensex is up by 772 points and is trading at the level of 60049. Whereas Nifty is trading at the level of 17855 by gaining 184 points. In today’s business, there is a great rise in HDFC Twins. HDFC and HDFC Bank are looking strong 7 to 8 percent. On the basis of these, the bank index is more than 1 percent higher on the Nifty and more than 2 percent in the financial index. However, some weakness is visible in IT stocks. Metal, Pharma, Realty and FMCG indices are in the green on Nifty. 25 of the Sensex 30 stocks are up. Today’s top gainers include HDFC, HDFCBANK, TITAN, SBI, ICICIBANK, TECHM, KOTAKBANK and HCLTECH.
Last week, Sensex and Nifty managed to close with a gain of about 3 percent. The market got support from the softening of crude prices. Last week, the BSE Sensex closed at 59,276.69 with a gain of 1914.49 points or 3.33 per cent. On the other hand, Nifty closed at the level of 17,670.45 with a strength of 517.45 points or 3.01 percent.
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