Stock Market: Sensex and Nifty closed in the green after struggling throughout the day

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Highlights

The BSE Sensex closed at 60,950.36 with a gain of 113.95 points.
Nifty50 has gained 64.50 points (0.36 per cent).
Bank Nifty fell 39.90 points (0.10 percent) to close at 41258.40.

New Delhi. The last day of the week, Friday, was very volatile for the Indian stock market. Both major indices were seen struggling throughout the day, but eventually closed in the green. Nifty50 opened almost where it closed yesterday and then started falling. But till today close to Nifty has come to plus. Similarly, the Sensex opened lower but it was also in the green mark till it closed.

Today, the BSE Sensex closed at 60,950.36 with a gain of 113.95 points (0.19 percent). The Nifty50 has gained 64.50 points (0.36 percent) and closed at 18,117.20. Against both, Bank Nifty fell 39.90 points (0.10 percent) to close at 41258.40. The India VIX, which is called the fear gauge in the market, has fallen by around 2 percent today. It also dropped yesterday, which is a good sign.

Also Read – NFT’s wind is gone: NFTs that once sold for $3 million are now not even worth $100

It is estimated that after the interest rate increase by the US central bank, now the central bank of almost all countries can follow it. In such a situation, there is an atmosphere of fear in the markets globally. The Indian market today turned positive from negative also because foreign institutional investors (FIIs) have been pouring money continuously for the last 10 sessions.

Nice 50 top gainers

company price Increase (in Rs.) Growth (in %)
Adani companies 3,833.25 242.85 6.76
Hindalco 430.55 20.20 4.92
Bajaj Finserv 1,800.70 77.20 4.48
Adani Ports 862.90 29.05 3.48
JSW steel 701.75 21.55 3.17

Top losers of Nifty 50

company price Rejection (in Rupees) in decline)
Hero Motocorp 2,588.90 -57.45 -2.17
Cipla 1,146.10 – 5 p.m -1.46
Dr. Reddy’s Labs 4,525.10 -64.80 -1.41
BPCL 301.35 -3.75 -1.23
HDFC life 539.30 -6.10 -1.12

Tags: BSE Sensex, business news, Smart50, Stock market, stock market

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