Stock Market Update: There is a great rally in the domestic stock market today amid better global signals. Both Sensex and Nifty indices have strengthened in today’s trading. Nifty has again crossed the level of 18000.
At the same time, the Sensex is also in the direction of 60500. There is all round shopping in the market. At present, the Sensex is up by 331 points and it is trading at the level of 60446. Whereas Nifty has increased by 99 points to the level of 18035. In today’s business, there is good buying in bank, financial, auto and IT stocks.
On Nifty, these indices have strengthened by about half a percent. Metals, pharma and other indices are also in the green. Today there is a buy in heavyweight stocks. All 30 stocks of Sensex 30 are in green mark. Today’s top gainers include BAJAJFINSV, BAJFINANCE, SBIN, TITAN, HDFCBANK, NTPC, WIPRO, INFY.
Global signals are looking better for the domestic stock market today. Buying is being seen in major Asian markets in today’s business. At the same time, before this, the US markets also closed strong. There was a rally in the market before the inflation data came on Monday. Brent crude continues to soften.
In the international market, crude is trading near $ 93 per barrel. While US crude is at $87 per barrel. The 10-year bond yield in the US stands at 3.341 per cent.
Ujjivan Small Finance Bank launched its QIP issue. The Bank has opened its Qualified Institutional Placement issue for subscription. The floor price has been fixed at Rs 21.93 per share.
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