First Published Dec 26, 2022, 9:50 AM IST
Today, the first day of the week, the National Stock Exchange and the Mumbai Stock Exchange started trading with a boom.
Most of the days last week ended in decline. Investors lost Rs 16 lakh crore in the last 20 days. Investors lost Rs 5.50 lakh crore on Friday alone. Due to this, there was a great sadness in the stock market
Falling stock market! Sensex plunged 450 points, Nifty below 18,000
US stocks finished higher on Friday, echoing Asian and Indian stocks. Today is a holiday for stock markets including USA, Australia, Japan and Hong Kong due to Christmas festival.
However, while foreign investors sold shares worth Rs 700 crore in the Indian market last week, domestic investors bought more than Rs 3,000 crore, giving investors confidence. This is why investors are trading with confidence since this morning.
However, the stock market started with a bullish start this morning to the delight of investors. Sensex rose 485 points to trade at 60,330 points on the BSE. The Nifty is trading at 17,946 points, up 140 points on the national stock market.
Rs.16 Lakh Crore Ambo! Stock market in the basement! Sensex falls 980 points
Out of the top 30 companies in the BSE, 23 are in losses and 7 are in gains. In particular, HDFCBank, HCL Tech, PowerGrid, HDFC, TCS, KotakBank, SunPharma are in profit.
Only FMCG shares fell on the Nifty. Metals, public sector banking stocks are gaining more than one percent, IT, pharmaceuticals, banking, automobile, media are also moving higher.
Last Updated Dec 26, 2022, 10:03 AM IST