The Indian stock markets gained an increase today amid shopping in IT and FMCG stocks. The BSE Sensex was up 725.70 points or 0.90 percent at 3 pm at 3 pm at 81,677.69, while NSE Nifty 50 was up 243.35 points or 0.99 percent to 24,853.05. Today, the Sensex was ahead in the Sensex, ITC, Power Grid, Infosys, Adani Ports, Bajaj Finserv and Kotak Bank. Talking about the decline, Sun Pharma declined by about 3 percent. Nifty midcap and Nifty smallcap index were in green mark in broad markets. Midcap jumped 0.59 percent and Smallcap 0.82 percent. In sectors, Nifty FMCG, IT index increased by more than 1 percent, Nifty bank index increased by 0.64 percent and Nifty Auto Index by 0.19 percent. The Nifty Pharma Index declined by 0.65 percent.
Today’s IPO
Belarize Industries has entered the third day of subscription. According to NSE data, the mainline issue was subscribed to more than 6.35 times by 12:05 pm. Borna Vivs IPO (Mainline) will be allocated.
Today fourth quarter results
The market will react to the income of other companies including Sun Pharma, Ramco Cements and Grasim Industries. It is also waiting for JSW Steel, Ashok Leyland, Linde India, Balakrishna Industries, GE Vernova TD India, Glenmark Pharma, Devyani International, Facons Infrastructure, BEML, Cello World, Finolex Industries, Azad Engineering, Reliance Infrastructure and Reliance Infrastructure and Reliance Infrastructure and Retail Used to be.
The Indian stock market witnessed a boom on Friday. At 2 pm, the Sensex rose by 859 points or 1.07 percent to 81,810 and the Nifty at 278 points or 1.13 percent at 24,887. The market boom is being led by the IT and FMCG index. By the time the news was written, the Nifty FMCG was trading with more than 1.63 percent and the Nifty IT 1.36 percent. Apart from this, PSU Bank, Financial Services, Media, Energy and Commodity Index were in green mark. Only the pharma index was trading in the red mark.
The Sensex packs were Eternal (Zomato), ITC, Power Grid, Bajaj Finserv, Axis Bank, Kotak Mahindra Bank, Nestle, Adani Ports, Infosys, L&T, Bajaj Finance, Tech Mahindra, Titan, TCS and SBI Top Gaunners. Only M&M and Sun Pharma were the top losis. Dr. VK Vijaykumar, the main investment strategist of Geojit Investments Limited, said, “Even when the market is weak, domestic demand -based areas like Financial, Telecom, Aviation etc. are strengthened. It is strongly visible in the share prices of big players like ICICI Bank, Bharti Airtel and Interglobe Aviation in these areas.
China, Hong Kong, Bangkok, Sol, Jakarta and Japan were trading in green mark in Asian markets. In the previous trading session in the US markets, Dow Jones fell by 1.35 points or 0.00 percent to close at 41,859.09. The S&P 500 index fell 2.60 points or 0.04 percent to close at 5,842.01 and Nasdaq closed 53.09 points or 0.28 percent to close at 18,925.74. On the institutional front, foreign institutional investors (FIIs) were pure sellers as they sold equity worth Rs 5,045.36 crore on 22 May, while domestic institutional investors (DIIs) bought equity worth Rs 3,715.00 crore.
