Stock Market Update
In the hope of decreasing tension in the Middle East, shopping is being seen in the stock markets around the world. Due to positive global market signals, the domestic stock market has also witnessed a great boom for the second consecutive day. In today’s intraday trade, the Nifty made its life time high. The Nifty gained nearly 95 points to reach the level of 12,311.20 beyond the 12300 level. This was the new high of the Nifty since December 20 or 13. The Sensex also gained nearly 250 points to reach the level of 41,712.34. However, later the sexes closed at the level of 41600 with a rise of about 147 points. At the same time, the Nifty also closed up by 12 points at 12257.
All-round shopping has been seen in the market today. Today, Infosys has been growing by 1.5 percent before the results. Talking about global signals, Asian markets are strong today. At the same time, on Thursday, major US markets also closed. Brent crude has come down to around $ 65 per barrel.
22 stocks of Sensex 30 have closed in the green mark. At the same time, all-round buying has also been seen on the Nifty and 10 out of 11 major indices have closed in the green mark. Only private bank index has shown slight pressure. The metal index gained 1.2 percent today, while the auto index gained 0.86 percent. The realty index closed up 1.80 percent. Today, IT, Pharma and FMCG indices have also gained strength. Infosys, Maruti, Ultratech Cement, Kotak Bank, Asian Paints and Mahindra & Mahindra are today’s top losers. While ICICI Bank, IndusInd Bank, Titan, Airtel and Powergrid are among the top losers.