The stocks that fell the most included Hero MotoCorp, Maruti Suzuki, Nestle India, HCL Technologies, Bajaj Finserv.
After a huge fall last week, the domestic stock market started the week with a rise on Monday. Bombay Stock Exchange (BSE) benchmark Sensex closed at 78,540.17 with a sharp rise of 498.58 points. Similarly, the National Stock Exchange (NSE) index Nifty 50 also closed at the level of 23753.45 at the end of trading with a gain of 165.95 points. During trading today, the biggest gainers in Nifty were JSW Steel, ITC, Hindalco Industries, IndusInd Bank and Trent. The stocks that fell the most included Hero MotoCorp, Maruti Suzuki, Nestle India, HCL Technologies, Bajaj Finserv.
There were ups and downs in these sectors
According to the news, if seen sector wise, today a rise of 0.5-1 percent was recorded in Bank, FMCG, Metal, Oil & Gas, Energy, Realty, while there was a decline of 0.4 percent in the media index. The BSE Midcap index showed a marginal gain, while the Smallcap index declined 0.6 percent. Earlier, a decline of 5 percent was recorded in the stock market index in the last five sessions. The total market cap of BSE-listed companies rose to more than ₹444 lakh crore from ₹441 lakh crore in the previous session, taking investor earnings by more than ₹3 lakh crore in a single session.
Mixed trend in stock markets around the world
There was a mixed trend in stock markets around the world on Monday. US stocks ended a disappointing week with a broad rally, despite the benchmark S&P 500 being down 2% on the week. Germany’s DAX fell 0.3% to 19,830.42. The CAC 40 in Paris fell 0.3% to 7,251.05, while Britain’s FTSE fell 0.2% to 8,068.17. S&P 500 futures gained 0.3%, while the Dow Jones Industrial Average gained 0.1%.
In Asian markets, Tokyo’s Nikkei 225 index jumped 1.2% to 39,161.34, while the dollar traded at 156.50 JPY, up from 156.48 yen. Elsewhere in Asia, Hong Kong’s Hang Seng rose 0.8% to 19,883.13, while the Shanghai Composite Index fell 0.5% to 3,351.26. Australia’s S&P/ASX 500 jumped 1.7% to 8,201.60. South Korea’s Kospi gained 1.6% to 2,442.01, Taiwan’s Taiex rose 2.6%, Ihon Hai Precision Industry, which is reportedly trying to buy a majority stake in Nissan, rose 3.8% I.
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