Mumbai. The BSE opened up 481.95 points and the Nifty gained 146.55 points on Monday on the first day of trading in the week. Today, the BSE is showing a boom. During the trading so far, BSE has managed to move up to 1005.70 points and Nifty up to 272.50 points.
Earlier on Friday, BSE and Nifty closed with gains. The BSE opened 159.3 points down on that day and the Nifty fell 67.90 points, but during the day’s trading, the BSE managed to move up to 279.93 points. At the end of trading, the BSE was up 223.51 points at 32,424.10 and the Nifty was up 90.20 points at 9,580.30.
Increase in shares of these banks
|State Bank of India||4.18%|
|City Union Bank||3.51%|
Reason for market growth
Starting today, the 68-day lockdown has been abolished across the country. Economic activities have started in the country from trains. The direct effect of which is also visible on the stock market today. Now the central government has left the responsibility of the lockdown to the state governments. The government has also allowed malls and restaurants to open in other places except for the container zone. Now the malls and restaurants will open from 8 June.
Most markets around the world saw fluctuations on Friday , with the worldwide market closing down . The US market Dow Jones was down 17.53 points at 25,383.10, down 0.07 percent. At the same time, Nasdaq, the second US market, was up 120.88 points at 9,489.87, up 1.29 percent. On the other hand, the S&P was up 14.58 points at 3,044.31, up 0.48 percent. China’s Shanghai Composite was up 56.13 points at 2,908.48, up 1.97 percent. Here, the market of Italy, France, Germany declined.
Deaths from Corona in the country and in the world
The number of corona infections in the country has increased to 1,90,622. Of these, 93,348 reports are positive. At the same time, 91,855 infected have been cured. So far, the death toll from Corona in the country has been 5,408. These figures are according to covid19india.org. On the other hand, the number of people infected with coronavirus worldwide is 6,263,911. Of these, 373,899 have died. The death toll from Corona in the US has been 106,195.
Stock Market Live Update:-
11:01 AM BSE is trading up 984.43 points at 33,408.53 and Nifty is up 277.85 points at 9,858.15.
10:15 AM Shares of 28 companies included in BSE 30 lead; Now the shares of Bharti Airtel and Sun Pharma have come down.
Foreign portfolio investors (FPIs) made net sales in the Indian capital market for the third consecutive month in May. He made a net sale of Rs 7,366 crore in the Indian capital market (stock and debt market) this May.
Yes Bank co-founder Ashok Kapoor’s wife and her family, which is going through a financial turmoil, and Mags Finvest Private Limited, a company of the Madhu Kapoor Group, will no longer be classified as promoters of Yes Bank. Madhu Kapoor’s family consists of Shagun Kapoor Gogia and Gaurav Ashok Kapoor.
10:03 AM Shares of all 16 companies included in BSE Auto have an edge; Ashok Leyland has the highest 5.53% gain in the stock.
09:54 AM Shares of all 9 companies included in BSE Bankex have an edge; Axis Bank shares are the biggest gainers by 5.95 per cent.
09:43 AM BSE is trading 863.31 points up at 33,287.41 and Nifty is up 249.55 points at 9,829.85.
09:40 AM Nifty 50’s top-10 gainer stocks; JWS Steel Ltd. has the largest lead among the stocks.
09:28 AM BSE is still leading in all the 23 sectors.
09:26 AM All 32 indices of BSE remain in the lead.
09:21 AM Shares of all companies included in BSE 30 have an edge; Axis Bank shares have the highest gain of 5.05 per cent.
09:15 AM BSE is trading 622.50 points up at 33,046.60 and Nifty is up 186.20 points at 9,766.50.
US market fluctuates on Friday