Today, the stock market once again saw a fast trend. The Sensex opened at 80,765 with a gain of 166 points. The Nifty opened up to 24,596 with a strength of 31 points. Bank Nifty opened by 60 points to 55,557. The rupee opened at 87.22 against 87.54. The same condition of the sectoral index. The shares of auto, metal and realty sector also saw a boom in early trade. However, selling is being seen in the banking sector today.
These are the top gainers of today
Bell
Tatastiil
Bajajfinsvi
Asianpant
Adaniports
These are today’s top loser
SBIN
HCLTech
Internal
Techm
Infee
America’s weak employment figures shook 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. Angered by this, President Donald Trump removed the Labor Commissioner from his post. As a result, on Friday, US markets declined. Dow Jones fell by 550 points to weak 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 around 24,700 with a gain of 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 percent to $ 70 per barrel after OPEC+ countries decided to increase production. Gold has jumped $ 50 to above $ 3,400, while silver is close to $ 37.
FII selling round
The sale of FII has also not stopped. On Friday, foreign investors sold a total of Rs 9,000 crore in cash, index and stock futures. At the same time, domestic institutional investors invested about Rs 3,200 crore while shopping for the 20th consecutive day. This gave some support to the market to some extent.
