Today, the fourth trading day of the current week, Indian markets are seen on the rise amid various international factors. In particular, the Sensex is above 56,000 points
Markets have continued to see gains over the past few trading sessions. However, due to the spread of the transformed corona, there are fears in the market that the growing economy will collapse.
In the meantime, the F&O Xperia market today is largely unchanged, as it may fluctuate.
Positive factors for the market
Especially in the last session, the US stock market ended with a boom. As a result, many Asian markets are on the upswing. Although Indian markets have been booming in the aftermath, it is good for traders to trade with a bit of caution as F&O is Xperia today.
Indian Markets Launch
The pre-opening market today saw a slight uptick. In particular, the Sensex was up 126.75 points at 56,070.96 points and the Nifty was down 4 points at 16,630.70 points. This was followed by a slight uptick in the beginning. The Sensex was up 2.91 points at 55,947.12 points and the Nifty was up 2.80 points at 16,637.50 points. Following this, 1005 shares were up, 525 shares were down and 77 shares were unchanged.
Index status
Meanwhile, Nifty Auto, BSE Consumer Durable Goods, BSE Healthcare, BSE Metals, Nifty BSE, and other indices in the Sensex and Nifty are still green.
Nifty index
Shares in the Nifty index, including Reliance, HDFC Life, Adani Ports, HDCL Tech, and Britannia, were the top gainers, followed by Bharti Airtel, Power Grid Corp, Etcher Motors, NTPC, and others. Shares including Hindalco are also top losers
Sensex index
Shares of Reliance, HCL Tech, HUL, Bajaj Pinserve, and ICICI Bank in the same Sensex were the top gainers, followed by Bharti Airtel, Power Grid Corp, Maruti Suzuki, NTPC, and Titan. Shares including the company are also top losers.
The current situation in the market
The Indian rupee appreciated slightly to 74.22 against the US dollar. The closing price of the previous session was 74.25 rupees.
Meanwhile, the Sensex is currently up 136.43 points at 56,080.64 points, while the Nifty is up 37.60 points at 16,672.25 points.
Gold prices fall for the second day
Gold prices have seen a sharp decline in the last session, but today remain largely unchanged.
While this is a good opportunity for gold investors and jewelry lovers, will the price of gold still fall? Will it increase? What are the key factors? Let’s see
In addition, the price of gold has fallen by more than 9,000 rupees per 10 grams compared to last year’s historic high. So it is seen as the perfect place to buy in the long run. However, since the medium term is slightly lower, it may be more profitable to buy when it is low. However the US market session today is expected to change drastically.
Investors focus
With Jerome Powell, president of the US Federal Reserve, set to speak at the Jackson Hole Grounds, the attention of investors as a whole has turned. Thus the market today has not changed much. Today, however, there is an expectation that some announcements will be made to promote economic growth.
Gold prices may fall
The price of gold seems to see a slight decline in the daily candle pattern and the 5-hour candle. So the price of gold in the medium term seems to be slightly lower. So it is better for investors to be patient and trade carefully.
