Sensex Opening Bell Share Market Opening Sensex Nifty Share Market News And Updates – Amar Ujala Hindi News Live

Sensex Opening Bell Share market opening sensex nifty share market news and updates

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After falling on the day of election results, the stock market is seen trading in the green on Wednesday. In the initial trade, Sensex saw a gain of up to 600 points. On the other hand, Nifty once again managed to cross the 22000 level. However, on Wednesday morning also, the market saw selling from the upper levels. At 9:39 am, Sensex was seen trading at 72,267.95 with a gain of 188.90 (0.26%) points. Nifty, on the other hand, rose 46.05 (0.21%) points to reach 21,930.55.

Condition of 30 Sensex stocks on Wednesday

Here are the top gainers and top losers stocks of Nifty

The Bombay Stock Exchange was trading with gains in early trade on Wednesday due to increased buying at lower levels. The 30-share Sensex of the Bombay Stock Exchange jumped 948.83 points to 73,027.88 points in early trade. The National Stock Exchange’s Nifty also rose 247.1 points to 22,131.60 points.

The NDA is well over the majority mark of 272 in the 543-member Lok Sabha while the BJP has fallen short of the magic figure for the first time since 2014 and is critically dependent on its allies to form a government. The Election Commission has declared results for all 543 Lok Sabha seats, with the BJP winning 240 and the Congress winning 99.

A report by Motilal Oswal Research said that despite the reduced majority in the election result, we expect the continuation of the policy agenda of Modi 3.0 (investment-led growth, capital spending, infrastructure creation, manufacturing, etc.). We can also expect populist measures to address resentment in rural areas and help the marginalized. Among the 30 Sensex companies, Hindustan Unilever, Nestle, Asian Paints, HCL Technologies, HDFC Bank, Kotak Mahindra Bank and ITC were the top gainers. Shares of Larsen & Toubro, Power Grid, NTPC and State Bank of India declined.

VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said, “The market will take some time to absorb the unexpected election results. Soon the market will return to stability, but until there is clarity on the cabinet and key portfolios, volatility will continue.” He said that a positive aspect of the sharp fall in the market is that excessive valuations will give relief to investors and institutional buying will ease after there is clarity on the formation and composition of the cabinet.

In Asian markets, Seoul and Hong Kong were seen trading with gains while Tokyo and Shanghai traded with decline. US markets closed with gains on Tuesday. Global oil benchmark Brent crude fell 0.04 percent to $ 77.49 per barrel. According to provisional stock market data, foreign institutional investors (FIIs) withdrew Rs 12,436.22 crore from the gross domestic product on Tuesday. The market had its worst trading day in four years on Tuesday as the BJP fell short of the magic figure of 272 for the first time since 2014.

The Bombay Stock Exchange’s Sensex on Tuesday fell 4,389.73 points or 5.74 percent to close at its lowest level in more than two months at 72,079.05 points. During the day’s trading, the Sensex lost 6,234.35 points or 8.15 percent to settle at its lowest level in nearly five months at 70,234.43 points. The National Stock Exchange’s Nifty also fell 1,982.45 points or 8.52 percent to 21,281.45 points. In the end, it closed at 21,884.50 points, down a massive 1,379.40 points or 5.93 percent.

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