Share Market News: Sensex’s Brilliant Debut On These Shares
Share market news: Sensex’s brilliant debut on these shares today, Nifty also sprung up. After Wednesday’s fall, the BSE main index Sensex opened up 128 points on Thursday.
The BSE Sensex opened at 49,971, then climbed to the 50,099 marks. Positive trends were seen in most of the stocks. 21 stocks including Titan, LT, ICICI Bank, INFY were doing well. The Nifty 50 was trading at 15055, up 25 points.
Earlier, the Bombay Stock Exchange (BSE) Sensex fell 291 points on Wednesday. After the last three trading sessions, the market fell due to profit-booking by investors.
The biggest impact of selling was on the stocks of banks and financial companies. According to traders, a weak trend in global markets and a fall in the rupee’s exchange rate against the US dollar also supported the sell-off.
The 30-share BSE Sensex lost 290.69 points, or 0.58 percent, to close at 49,902.64. Similarly, the National Stock Exchange’s Nifty closed at 15,030.15 points, down 77.95 points, or 0.52 percent.
Share market news: According to Vinod Nair, head of research, Geojit Financial Services, investors have been cautious recently about the near future in the market.
Prior to the announcement of the details of the Federal Reserve meeting, global markets had a downward trend. Its effect was seen in the domestic market as well.
However, the policy rate rally is not expected. He said that the market has got a new hope due to the reduction in Covid cases, which has curbed the big fall.
Among other indices, the BSE Telecom, Metal, Finance, Auto and Bank indices were down by 1.16 percent, while the indexes related to companies related to Realty, Electric, Health, and Public Facilities were the major gainers.
Other markets in Asia saw Shanghai and Tokyo at a disadvantage. Europe’s major markets saw a decline in initial trading.
Gold Price Today: Silver of those who bought gold, 10 gm gold became so cheap in future market
Gold and silver futures prices fell on Thursday in futures trade. On June 4, 2021, at 11:32 am on the Multi Commodity Exchange (Gold Rate), the delivery rate of gold was trending at Rs 48,488 per 10 grams with a break of Rs 186, ie 0.38 percent.
On Wednesday, the gold in June contract was at Rs 48,674 per 10 grams in the futures market.
Similarly, in the August 2021 contract gold was trading at Rs 48,990 per 10 grams with a break of Rs 209 i.e. 0.42 percent. In the previous session, the rate of delivery gold in August was 49,199 rupees per 10 grams.
