The Bombay Stock Exchange improved on Tuesday compared to Monday. The BSE Sensex jumped 660.68 points to close at 48,544.06. Similarly, the NSE Nifty gained 194 points to close at 14,504.80. Explain that due to the increasing outbreak of the Corona epidemic, on Monday, the Sensex had recorded a huge fall of about 1700 points.
Good start for the new Vikram era
On Monday, there was a sell-off in the market, but on Tuesday, the new Vikram Samvat 2078 started well. There was a good improvement in the market. However, it will take time to make up for Monday's loss. On Monday, the Sensex closed at 47883.38, down 1707.94 points, or 3.44 percent. At the same time, the National Stock Exchange's Nifty was down by 524.05 points, or 3.53 percent, at 14310.80. This caused a loss of more than eight lakh crore rupees to the investors.
The major stock index Sensex rose by over 200 points on Tuesday due to the rise in large stocks such as Reliance Industries, ICICI Bank, and HDFC, amid positive signals from Asian markets when trading started earlier in the day. The 30-share index rose 236.71 points, or 0.49 percent, to 48,120.09 during this period.
Similarly, the broader NSE Nifty rose 68.55 points or 0.48 percent to 14,379.35. ONGC was the biggest gainer in the Sensex at three percent. Apart from this, M&M, PowerGrid, Bajaj Finance, L&T, ICICI Bank, and Bajaj Finserv were also trading at a rapid pace. On the other hand TCS, Tech Mahindra, Infosys, Dr. Reddy's, and HCL Tech were in the red mark.
The Sensex lost 1,707.94 points or 3.44 percent to 47,883.38 and the Nifty fell 524.05 points or 3.53 percent to 14,310.80 in the previous session. Among Asian markets, Hong Kong, Seoul, and Tokyo were up during midday trading, while Shanghai was in the red. Meanwhile, international oil benchmark Brent crude was trading up 0.49 percent at the US $ 63.59 per barrel.