Today, the third trading day of the current week, Indian markets are at a new historic high amid various international factors.
Indian markets, which have been steadily rising for the past few trading sessions, are back to new highs today.
However, fears of a third wave in the market remain.
Continuing new peak
The economy, which has seen a decline due to the corona, is now back on the growth path. Jobs are also on the rise. Thus, there are speculations that the economy may return to normal soon. Thus the markets are constantly touching new highs.
US markets on the rise
As the US markets ended higher, many Asian markets began to rise. In response, Indian markets have begun to rise. The rate at which the market is currently vaccinated and the market, the economy can see a boom.
Indian Markets Launch
The pre-opening market today saw a slight uptick. In particular, the Sensex was up 112.61 points at 56,071.59 points and the Nifty was up 17.10 points at 16,641.70 points. This was followed by a boom in the beginning. The Sensex was up 124.90 points at 56,083.88 points and the Nifty was up 45.80 points at 16,670.40 points. Of these, 1,306 shares were up, 408 shares were down and 65 shares were unchanged.
Nifty index
Meanwhile, indices including Bank Nifty and BSE Healthcare in the Sensex and Nifty are down, while all other indices are green. Shares of HDFC Life, Tata Motors, TCS, Hindalco, and Adani Ports in the Nifty index were the top gainers, while shares of Dr. Reddy’s Laboratories, Bharti Airtel, Titan, Bajaj Pinserve, and Divis Lapes were the top losers.
Sensex index
Shares of TCS, HCL Tech, Infosys, Nestle, and ITC in the same Sensex are the top gainers while shares including Dr Reddy’s Laboratories, Bharti Airtel, Titan, Bajaj Pinserve, and Ultratech Cement are the top losers.
The current situation in the market
The Indian rupee remained largely unchanged at 74.20 against the US dollar. Currently, the Sensex is up 124.13 points at 56,083.11 points and the Nifty is up 45.70 points at 16,670.30 points.
Sensex trades above 55,600
Today, the second trading day of the current week, Indian markets are seen on a slight uptrend.
Indian markets today saw a resurgence for the second day of the week, after witnessing strong gains over the past week.
There is an expectation that the Corona impact, which continues to increase and transform in the United States, could have an impact on the market. However, US markets rallied again in the last session on the back of incentives and bond-buying for many, including the corona vaccine.
Following this, Asian markets also saw a surge in the bar this morning. Echoing this, Indian markets are also on the rise.
That’s something that worries investors
However, with the increasing transformation of the corona, it is still expected to have an impact on economic growth. Meanwhile, foreign investment is declining. This is a safe haven for gold investors. So in the long run it is seen as a matter of concern.
Markets on the rise
As the impact of the corona grows, so does the concern about the economy. However, in the meantime, announcements of financial incentives are expected. Consequently, Asian markets are also on the rise. As a result, the Indian market is booming.
Indian Markets Launch
Today, however, the pre-opening market saw a slight decline. In particular, the Sensex was down 69.08 points at 55,486.71 points and the Nifty was up 14 points at 16,510.50 points. The Sensex was up 148.74 points at 55,704.53 and the Nifty was up 57.30 points at 16,503.80.
Index status
Meanwhile, indices including Nifty ID, Nifty Auto, BSE Capital Goods, BSE Consumer Durable Goods, BSE Healthcare, and BSE FACG in the Sensex and Nifty are down. All other symbols appear in green.
