The positive impact of the new President Joe Biden taking over power in the US was also reflected in the domestic stock market when it opened at the highest level in early trade. But after the day's ups and downs, today the fourth trading day of the week i.e. Thursday, the stock market lost this edge afternoon. The Bombay Stock Exchange's flagship index Sensex closed down 167.36 points, or 0.34 percent, at 49624.76. At the same time, the National Stock Exchange's Nifty lost 54.35 points (0.37 percent) to close at 14590.35. Profit booking led to a fall in the market.
Last week, the 30-share BSE Sensex gained 252.16 points or 0.51 percent. The National Stock Exchange's Nifty climbed 86.45 points or 0.60 percent. The market will be affected by the upcoming Union Budget. According to most market analysts, this time budget will not be as expected due to Corona. Hence the market continues to fluctuate.
Such was the situation of veteran shares
Talking about the big stocks, today the shares of Tata Motors, Bajaj Finance, Bajaj Auto, Reliance, and UPL closed on the green mark. ONGC, Tata Steel, Coal India, GAIL, and NTPC closed the red mark.
Sectoral index tracking
If we look at the sectoral index, then all the sectors closed on the red mark. These include FMCG, PSU Bank, Pharma, Auto, IT, Bank, Media, Private Bank, Metal, Realty, and Finance Services.
When did the market break the record?
After reaching a low level in March, the Sensex had crossed 40 thousand to 40182 on October 8.
The Sensex then closed at 41,340 on November 5.
On November 10, the index rose to 43,227 in intraday.
On November 18, it reached the level of 44180.
On December 4, it crossed the 45000 marks and closed at 45079.
On December 11, the Sensex closed at 46099 above 46 thousand and on December 14 it closed at 46,253.46 points. During this time the Nifty reached its all-time high of 13558.15 points.
On December 28, the Sensex had jumped and closed at 47353.
On January 4, the Sensex set a new record and closed for the first time at 48176.80, up from 48000.
The BSE Sensex closed at an all-time high of 49269.32 on 11 January.
The domestic stock market opened at the highest level today, after January 11, on January 21. The Sensex gained 223.17 points to open at 50,015.29 above 50 thousand for the first time. During this period, the Nifty record was at 14,707.70.
Continued pickup in the market in 2020
The year 2020 was a big development for the stock markets. In March 2020, the coronavirus epidemic hit India. The coronavirus also did not leave the stock market untouched. The domestic market fluctuated. While the stock market went bust in March, the Sensex-Nifty recovered the entire loss in 2020 at the end of the year.
The market was open at the highest level
The domestic stock market opened at the highest level in early trade today. The Sensex opened with a gain of 223.17 points (0.45 percent) at 50,015.29. The Nifty opened 63 points, or 0.43 percent, at 14,707.70.
The market closed on the green mark on Wednesday
On Wednesday, the stock market closed on the green mark after day-long fluctuations. The Sensex closed at the level of 49792.12 with a strong gain of 393.83 points i.e. 0.80 percent. At the same time, the Nifty closed at 14644.70 with a gain of 123.55 points (0.85 percent). This is the highest level of the Sensex-Nifty.