Stock Market Today: A positive trend was seen in the Indian stock markets in today's trading session. Both BSE Sensex and NSE Nifty opened strongly in the early hours. Due to this rise, investors got a chance to make good profits, and enthusiasm was seen in the market. Here we will discuss the reasons and effects of this rise in detail.A strongg start in Sensex and Nifty
Today on Monday, the BSE Sensex continued the momentum of the previous session and started trading at 80,407 points with a gain of 1,289.89 points. At the same time, the NSE Nifty was at 24,312.50 points with a gain of 405.25 points. This excellent performance of Sensex and Nifty boosted the morale of the investors, and an atmosphere of enthusiasm was created in the market.
Profits among leading companies: Mahindra, Reliance and SBI dominate
Among the 30 major companies listed on the Sensex, companies like Mahindra & Mahindra, Larsen & Toubro, State Bank of India (SBI), Reliance Industries, ICICI Bank and Bajaj Finance performed well. The shares of these companies saw a strong rise, which benefited the investors. The strong financial position and good business results of these companies supported this strength of the market.
Some companies are down: JSW Steel and Infosys are in trouble
However, not all companies made profits. Shares of JSW Steel and Infosys declined. This decline reflects the weakness in the performance of these companies compared to the rest of the market. Due to poor results of these companies or other external reasons, their shares are under pressure, causing losses to investors.
Mixed performance in Asian markets
Asian markets also showed a mixed performance. South Korea's Kospi and Japan's Nikkei remained positive, while Hong Kong's Hang Seng and China's Shanghai Composite remained in loss. The impact of the international markets was clearly seen in the Indian markets, where the economic condition of some countries remained strong, while some declined.
Brent crude and the stance of foreign investors
The situation in international markets also affects the Indian markets. At this time, the price of Brent crude fell by 0.37% to $ 74.89 per barrel, indicating a fall in oil prices. However, foreign institutional investors (FII) were on the selling side in the Indian market. In the last session, FII sold shares worth Rs 1,278.37 crore, which could be a matter of concern as it could affect investor sentiment in the Indian market.
Balance of enthusiasm and caution in the market
Today's market performance made it clear that despite the volatility in the Indian stock market, there can be hope. The strong start of Sensex and Nifty is a good sign for investors, but it is also important to be cautious during this time. Along with economic events and global market trends, investors should also keep in mind the market risks.
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