Share Market: Sensex closed on the green mark on the first trading day of the week, Nifty also jumped
Today was a very good day for the people associated with the stock market. On the first trading day of the week i.e. Monday, the Sensex and Nifty saw a rise as soon as they opened. At the same time, the market closed also on the green mark. The Sensex closed at 60,396 points with a gain of 650.98 points. At the same time, the Nifty jumped 190.60 points and closed at 18,003 points.
The market started trading on a positive note with the 30-share Sensex hitting a one-time high of 60,427.36 points in the market. In the end, it closed at 60,395.63 points, up 650.98 points, or 1.09 percent. Similarly, the Nifty of the National Stock Exchange closed at 18,003.30 with a gain of 190.60 points or 1.07 percent.
Titan, Maruti Suzuki, SBI, L&T, HDFC, and Kotak Bank were the major gainers in Sensex stocks. On the other hand, the gainers included Wipro, Nestle India, Asian Paints, and PowerGrid. According to analysts, the third-quarter financial results of the companies will start coming from this week. The results of IT companies and HDFC Bank will clarify the position of the technology and banking sector, which is considered important.
On the other hand, there was a declining trend in other Asian markets. Investors await US inflation data. According to stock market data, foreign institutional investors were net buyers on Friday and bought shares worth Rs 496.27 crore.
Rupee up at 74.03 per dollar
At the same time, the rupee on Monday gained 31 paise to close at 74.03 (provisional) against the US currency in the foreign exchange market amid a rise in domestic stock markets. The rupee opened strong at 74.15 per dollar in the interbank foreign exchange market. After touching a high of 74.03 and a low of 74.21 during trading, it finally closed at 74.03 per dollar with a strength of 31 paise. The closing price of the rupee was 74.34 per dollar in the previous trading session.