First Published Dec 13, 2022, 9:54 AM IST
Mumbai and National Stock Exchange started today on a bullish note. Nifty once again rose above 18500 points.
Investors were comforted by the favorable international environment, with India’s November retail inflation coming in at 6 per cent for the first time this year. It has been revealed that inflation has come under control.
Relief for investors in the stock market! Sensex, Nifty up points
The price of food grains including vegetables and fruits has decreased and the price of petrol and diesel has not changed, which is one of the main reasons for the increase in prices.
However, the manufacturing index fell to 4 percent in October, giving investors pain. Thus, the government is in a position to devise schemes to promote the manufacturing sector.
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Indian markets opened the trading session on a positive note today due to favorable trends. In Mumbai, the Sensex opened with a gain of 150 points and fell by 117 points to trade at 62,247 points. The Nifty gained 25 points to trade at 18,522 points on the NSE.
Out of 30 major companies in the BSE, 9 stocks declined while 21 stocks gained. ICICI Bank, Kotak Bank, Maruti, BhartiAirtel, AsianPaints, NTPC, SunPharma, Powergrid, HUL declined.
Stock market swings: Sensex falls: Nifty rises: PSU bank stocks gain
Tata Motors, Tech Mahindra, Tata Steel, IndusInd Bank and Adani Ports are among the gainers in Nifty. Apollo Hospitals, PPCL, Powergrid, HUL and Britannia Industries were the lower performers.
Last Updated Dec 13, 2022, 10:03 AM IST