Amidst an increase in Asian markets, the domestic stock market gained lead in the third consecutive trading session on Tuesday (April 29). For the second consecutive day, the shares of Reliance Industries put the Sensex in the green mark. Apart from this, the market has also got support in IT stocks rapidly. The BSE Sensex with thirty share opened over 100 points to 80,396.92. It climbed 80,661.31 points during trading. At 2 pm, it rose 163.57 points or 0.20% to 80,381.94. Similarly, the Nifty-50 of the National Stock Exchange (NSE) also opened at 24,370.70 points with a positive attitude. At 2 pm, it was at 24,355.50 with a slight gain of 27 points or 0.11%.
Earlier on Monday, the market closed with a strong boom. The market was promoted by purchasing in shares of veteran companies led by Reliance Industries. Due to this, the Sensex rose 1005.84 or 1.27% to close at 80,218.37. The Nifty-50 also closed at 24,328.50 with a rapid increase of 289 points or 1.20%. Amid uncertainty in global markets, countries around the world, including India, are talking on trade agreement with America. Investors are analyzing the results of the March quarter to understand the impact of tariffs on the income of companies.
The market eye on the domestic front rests on the fourth quarter results of companies like Bajaj Finserv, Bajaj Finance and Trent. In addition, interest in purchasing from foreign institutional investors may also increase. He has bought domestic shares worth Rs 34,941 crore in the last nine trading sessions.
What are the signs of global markets?
The Wall Street Index concluded with a positive attitude of the ups and downs. S&P 500 was increased 0.06 percent to close at 5,528.75. Nasdaq composite fell 0.1 percent to close at 17,366.13. Dow Jones rose 0.28 percent to close at 40,227.59. The promises related to S&P 500 increased by 0.08 percent. While Nasdaq 100 futures increased 0.11 percent and Dow Jones futures increased 0.05 percent.
Asian markets are seeing an edge today. Australia’s S&P/ASX 200 was 0.56 percent and South Korea’s Kospi was 0.27 percent. The Japanese market is closed due to public holiday.
Today, the results of the fourth quarter of these companies will be focused
Oberoi Realty, Central Bank of India, Go Digit, Adani Total Gas, Ari Business, UltraTech Cement, IDBI Bank, UCO Bank, Castrol India, Nippon Life AMC, RPG Life Sciences, Fino Payments Bank, CaFENO Payments Bank, Cayffene Technology, Fravenous Housing Finance and Greenplace Industries.
