The stock market is seeing a boom today. The Sensex rose 418 points to close at 81,018. The Nifty rose 31 points to close at 24,596. Bank Nifty fell 60 points to close at 55,557. The rupee fell 43 paise to close at 87.66. Talking about the sectoral index, the indices of auto, IT, realty, metal and media sector today saw a fast of more than one percent.
These are the top gainers of today
Tatastiil
Bell
Adaniports
TCS
Techm
Morning market opened with edge in the morning
Today, there was an increase in the stock market today. The Sensex opened 166 points to 80,765. The Nifty opened 31 points to 24,596. Bank Nifty fell 60 points to open at 55,557. The rupee opened at $ 87.22/against 87.54. Regional indices also remained the same. Shares of auto, metal and realty sector also saw a boom in early trade. However, today there is a selling trend in the banking sector.
America’s weak employment statistics shocked the global markets. In July, only 73 thousand new jobs were added to the US, while the figures of May and June were also drastically cut. An angry President Donald Trump removed the Labor Commissioner from the post. Due to this, there was a huge decline in the US markets on Friday. Dow Jones fell down by 550 points for the fifth consecutive day, while Nasdaq saw a huge decline of about 475 points.
Mixed trend in Asian markets
However, on Monday, Dow Futures saw a recovery of 100 points and the gift Nifty is also trading close to 24,700 by climbing 70 points. At the same time, there is a mixed trend in the Asian markets. Japan’s Nikkei has closed down with a decline of around 900 points. At the same time, a major decline in crude oil has also been recorded. Brent crude has fallen by 4 per cent to $ 70 per barrel following the decision of OPEC+ countries to increase production. Gold has jumped $ 50 to above $ 3,400, while silver is close to $ 37.
