According to traders, buying in the rupee against the US Dollar (US Doller) to complete deals, the market has gained momentum.
Share Market Today: In the midst of better quarterly financial results of companies, the momentum of share market (Share Market) continued for the fourth consecutive day on Thursday. With this, the stock market started with green color.
Major indices of Bombay Stock Exchange opened at a rise of 1.03 per cent, ie 510.62 points. At the same time, the National Stock Exchange’s Nifty opened with a gain of 0.98 percent i.e. 145.40 points. During this period, the BSE was at 50244.46 and Nifty at 15009.90. With this, there is a rise in 1151 shares at the beginning of the day and a decline in 201 shares. Apart from this, 43 shares remain on their status quo.
Condition of pre open market
According to traders, strengthening rupee against the US dollar and buying in the futures and options segment to complete deals before the contract ends, has given the market momentum. During the Pre Open at 9.03 am, the Sensex was up 356.27 points (0.72 per cent) to 50090.11 while the Nifty was up 102.30 points, or 0.69 per cent, at 14966.80.
29.04.2021
Pre-opening Sensex Update pic.twitter.com/irzWaywk3r— BSE India (@BSEIndia) April 29, 2021
Bounce in the stock of these giants
During the initial trade, all the major stocks like IndusInd Bank, Bajaj Finserv, Reliance, HDFC, Bajaj Finance, HDFC Bank, ONGC, ICICI Bank, Nestle India, Maruti, Sun Pharma, Kotak Mahindra Bank etc. have opened on the green mark. On the other hand, shares of HCL Tech fell.
BSE commodity price update 28th April, 2021#commodity #exchange #cotton#BRCrude #Gold #Turmeric #GuarSeed #Almond #trade #futuretrading #commoditytrading pic.twitter.com/dJWvO1WscJ
— BSE India (@BSEIndia) April 29, 2021
Business was up in the past as well
Earlier on Wednesday, the BSE Sensex had surged 790 points while the NSE Nifty had reached 14,850. The 30-share BSE index closed at 49,733.84 points, up 789.70 points or 1.61 percent. Similarly, the National Stock Exchange’s Nifty jumped 211.50 points, or 1.44 percent, to close at 14,864.55. Among other Asian markets, Shanghai, Hong Kong and Tokyo were in profit while Seoul was in loss. In the major markets of Europe, there was a boom in the mid-day business. Meanwhile, Brent crude gained 0.23 percent to $ 65.82 a barrel. The rupee rose 30 paise to 74.36 against the US dollar.
