Increasing cases of coronavirus are increasing in the country but at the same time, the market seems happy with positive news on the treatment of corona. The stock market closed on the green mark after a day's trading on Monday, the first trading day of the week. Along with this, the market gained momentum today due to strong signs from the global markets and the high gain in Reliance Industries, which has a big weight in the Sensex.
Today, the Bombay Stock Exchange's leading index Sensex gained 0.27 percent to close at 9969.69, up 99.36 points. At the same time, the National Stock Exchange's Nifty closed at the level of 10815.20 with a gain of 47.15 points, up 0.44 percent.
Such was the situation of veteran shares
Talking about the big stocks, today Tech Mahindra, Hindalco, HCL Tech, JSW Steel, Bharti Airtel, Wipro, G Ltd, Vedanta Ltd, and Britannia closed on the green mark. Shares of Power Grid, Bajaj Finance, ICICI Bank, HDFC, HDFC Bank, GAIL, SBI, Kotak Bank, Adani Ports, and NTPC closed at the red mark.
Reliance shares also gain momentum
Reliance Industries stock also saw a spurt on Monday. It closed at a record level of 1938.70, up 60.65 points (3.23 percent). It opened at 1903.35 in opening trade and closed at 1878.05 on the previous trading day. The market capitalization of the company reached Rs 12.69 lakh crore.
On Sunday, it was reported that Reliance Industries Limited (RIL) has made another major investment in Jio platforms. Qualcomm Ventures, an investment company of Qualcomm Incorporated in the wireless technologies sector, has announced an investment of Rs 730 crore in Jio. Qualcomm Ventures will take a 0.15% stake in the Jio platform.
Sectoral index tracking
Looking at the sectoral index, today realty, private banks, PSU banks, and banks closed on the red mark. FMCG, Pharma, IT, Metal, Media, and Auto on the green mark.
The market was open on the green mark
Today, the stock market started on the green mark on the first trading day of the week. The Sensex opened at 36890.70, up 296.44 points, or 0.81 percent. At the same time, the Nifty opened at 10863.95 with a gain of 0.89 percent or 95.90 points.
The market was closed with an increase on the previous trading day
The stock market closed at the red mark on the previous trading day. The Sensex was down 143.36 points to close at 36594.33, down 0.39 percent. At the same time, the Nifty fell 0.42 percent, down 45.40 points to close at 10768.05.