The stock market has also fallen ill due to the growing case of Corona. Today, the market fell sharply on the first trading day of the week. The Bombay Stock Exchange’s flagship index Sensex fell 870.51 points, or 1.74 per cent, to close at 49159.32. At the same time, the Nifty on the National Stock Exchange closed at 229.55 points, or 1.54 percent, at 14637.80. The 30-share BSE benchmark Sensex rose 20,040..66 points or 68 68 per cent in the last financial year. Sensitive short trading session of 30 shares of BSE rose 1,021.33 points or 2 percent in the previous week.
Coroner raising concerns
The second wave of the country’s corona is becoming extremely deadly. For the first time since the outbreak of the coronavirus in the country, the number of coronavirus cases found on Monday has exceeded one lakh. In the last 24 hours, 1,03,558 new corona patients have been found in the country and 478 people have died due to corona infections. Earlier, on September 17, 2020, the country had the highest number of 97,894 corona patients in a single day. The number of patients found is the highest.
State of the world market
The Dow Jones Industrial Average rose 111 points to 33,153. The Nasdaq index rose 233 points to 13,480. Japan’s Nikkei index traded up 267 points at 30,121. Korea’s Kospi index is down slightly by four points, with the index trading at 3,109. Australian stock markets are closed on Monday due to Easter. Stock markets in China and Hong Kong are closed due to Tomb Sweeping Day.
These factors will determine the direction of the market this week
The stock market direction will be determined this week with the Reserve Bank’s financial review, macroeconomic data, Covid-1 transition conversion position and global indications. Analysts have expressed this opinion. Analysts say the companies’ quarterly results will begin in mid-April. In such a situation there may be some integration in the market earlier. Also, PMI figures for the manufacturing and services sectors are due this week. It will also affect market sentiment.
The same was true of older stocks
Speaking of large stocks, shares of TCS, HCL Tech, Wipro, Britannia, and Infosys closed at the green mark today. Shares of IndusInd Bank, SBI, Bajaj Finance, Issar Motors and M&M closed in the red.
Sectoral indicator tracking
If we look at the sectoral index, today all sectors except metals and IT are off the red line. These include PSU Bank, Pharma, Realty, Media, Auto, Finance Services, FMCG, Private Bank and Bank.
The market was open in red
In early trade, the Sensex opened 305.03 points (0.61 percent) lower at 49724.80. At the same time, the Nifty should open at 14785.40, down 82 points or 0.55 percent. There were 87 stocks up, 719 stocks down, while 10 stocks remained unchanged.
The stock market closed higher on Thursday
The stock market rose on the first trading day or Thursday of the fiscal year 2020-21. The Sensex rose 520.68 points, or 1.05 percent, to close at 50029.83. At the same time, the Nifty rose 166..65 points or 1.20 percent to close at 147 level67..35. The market was closed for Friday celebrations.
Adani shares up 3% in five days
Shares of Gautam Adani’s company Adani Total Gas rose 10.12 per cent to 1,168 today. The company’s share has risen 36 percent in the last five trading days. The company has a market capitalization of Rs 1.26 lakh crore.
Mutual fund units put so much money in shares in March
Mutual fund companies invested Rs 2,47,676 crore in March. Thus, for the first time in 10 months, there has been a net investment in shares of mutual funds. Consolidation in the stock market has given fund managers the opportunity to invest. According to the Securities and Exchange Board of India (SEBI), mutual funds have been withdrawing from the stock since June 2020 before March. Earlier, mutual funds withdrew Rs 16,306 crore from shares in February and Rs 13,032 crore in January. In December, he raised Rs 2,447 crore from shares, Rs 30,600 crore in November, Rs 14,4992 crore in October, Rs 4,144 crore in September, Rs 9,213 crore in August, Rs 9,195 crore in July and Rs 1,212 crore in June. Collected money.
FPIs generate income of Rs 17,304 crore
Foreign portfolio investors (FPIs) continued to invest in the Indian market for the third consecutive month in March. In March, FPIs invested Rs 1,304 crore in the Indian market. According to depositors, FPIs invested Rs 10,482 crore in equities and Rs 6,822 crore in the debt or bond market from March 1 to March 31. Thus, its net investment stands at Rs 17,304 crore. Earlier, FPIs had invested Rs 23.6 crore63 crore in the Indian market in February and Rs 14,6499 crore in January.