According to experts, the end of the financial year has also bought because the transaction in cash will now take place in the new financial year. Last week, due to Corona’s second web, a lot of upheaval was recorded in the stock market.
Share Market Today
The stock market of the country rose on Tuesday due to strong global cues. The Sensex rallied over 1,200 points to rise above 50,200 during the later afternoon session, and the Nifty rose by over 350 points to rise above 14,800, due to increased buying on the previous week’s fall. Before closing, the Sensex was trading at 50,100.98, up 1,092.48 points or 2.23 per cent from the previous session at 3.25 pm and the Nifty was up 332.85 points or 2.29 per cent from the previous session at 14,840.15. With the closing of the same business, the BSE Sensex closed at a gain of 1128 points. The NSE Nifty also closed with a gain of 345 points at 14845.
The 30-share sensitive index Sensex of the Bombay Stock Exchange (BSE) opened at 49,331.68, up 323.18 points from the previous session and rose to 50,268.45 during trading, while the Sensex closed at 49,331.68.
What do you know
The 50-share Sensex Nifty of the National Stock Exchange (NSE) opened with a gain of 121.20 points at 14,628.50 from the previous session and climbed to 14,876.30, while the Nifty was at a low of 14,617.60. Director of Trade Swift, Sandeep Kumar Jain, said that the domestic stock market has returned sharply due to strong signals from global markets. He said that there has been a strong recovery after the steep fall last week. However, he says that it cannot be called aggressive aggressor because investors are taking precautions due to the deepening havoc of Corona.
Sell before new financial year begins
According to experts, the end of the financial year has also bought because the transaction in cash will now take place in the new financial year. Last week, due to Corona’s second web, a lot of upheaval was recorded in the stock market. But on Tuesday, the stock market is registering a strong boom. Market experts believe that the stock market has come out of fear of Corona’s other web. In the trading session of Mangalwar, the Sensex and the Nifty are registering strong gains. At 12.25 pm, the Sensex appears to be trading at 49875 levels with a gain of 866 points. So at the same time, the Nifty is seeing a gain of 260 points and it remains at the level of 14768.
Strong rise in index too
Talking about the index, almost all the indices are seen trading in green mark. Especially in sectors like banking, auto, IT, there is a strong boom. So at the same time the midcap index is up by 125 points and the smallcap index is up by 133 points.
Fast phase since morning
The stock market of the country has been buoyed by heavy buying on Tuesday after the holiday of Holi. There is a phase of boom in the market since morning. The Sensex rose over 600 points during the early trade and the Nifty also rose with a strong jump to above 14,700. The Sensex was trading at 49,573.32 with a gain of 564.82 points, or 1.15 per cent, from the previous session at 9.40 am and the Nifty was at 14,681.20 with a gain of 173.90 points or 1.20 per cent from the previous session.
(With IANS input)
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