Today, the last trading day of the week i.e. Friday, the stock market was all day. The Bombay Stock Exchange’s flagship index, the Sensex, rose by 566.38 points, or 1.117 per cent, to 49008.50. At the same time, the Nifty on the National Stock Exchange rose 182.40 points, or 1.27 percent, to close at 14,507.30. The BSE 30-share index fell 933.84 points, or 1.83 percent, in the previous week.
Brightness came back from shopping in the world market
Investors have been buying in the market in hopes of a better recovery in the US economy. The Dow Jones index rose 199 points to 32,619. The Nasdaq index rose 15 points to close at 12,977. Hong Kong’s Hang Seng index rose 287 points, or one percent, to 28,187. China’s Shanghai Composite traded up 46 points at 3,409. Japan’s Nikkei index traded up 464 points at 29,194. Korea’s Kospi index and all Australian ordinances also gained up to 0.60 per cent.
The same was true of older stocks
Speaking of large stocks, shares of Tata Steel, Tata Motors, Titan, Bajaj Finger and Asian Paints closed at the green mark today. On the other hand, shares of Power Grid, UPL, Issar Motors, ITC, and Indusind Bank closed at the red mark.
Sectoral indicator tracking
If we look at the sectoral indicator, all sectors are off the green today. These include Metals, FMCG, Media, IT, Realty, Auto, PSU Bank, Pharma, Finance Services, Private Banks and Banks.
Shares of Sunrise Small Finance Bank fell four percent
Sunrise Small Finance Bank was listed four per cent lower than its issue price on Friday. Its shares were listed on the BSE at Rs 293, down 3.93 per cent from the issue price. The stock was down 4.2 per cent at Rs 292 on the NSE. Sunrise Small Finance Bank’s IPO has been subscribed 2.3737 times.
Shares of Kalyan Jewelers fell 15%
Shares of Kalyan Jewelers Limited were listed below 15 per cent against the issue price on Friday. Its shares were listed on the BSE at Rs 73,390, down 15.05 per cent from the issue price. Shares fell 15 per cent to Rs 73.95 on the NSE. The IPO of Kalyan Jewelers has been subscribed 2.6161 times.
The market was open with a green sign
The Sensex opened 487.40 points (1.01 percent) higher at 48,927.52 in early trade. At the same time, the Nifty opened 152.90 points or 1.07 percent higher at 14,477.80. In early trade, 1,036 shares rose, 222 shares declined, and 48 shares remained unchanged.
The stock market closed lower on Thursday
The stock market fell for a day on Thursday. The Sensex fell 4040.19 points, or 1.51 percent, to 48440.12. At the same time, the Nifty fell 224.50 points, or 1.54 percent, to 14,324.90.