look news india
The market was trading in the green zone since morning, but around 2 pm, there was a sudden jump in Sensex and Nifty. The reason for the rise in the market is US data. There is an increase at the global level. On Thursday, equity Sensex and Nifty rose by more than one percent. Foreign investment expectations in domestic equities have strengthened after the Federal Reserve predicted a 25 basis-point cut in interest rates after US inflation data.
Understand these 10 points to boost the market
- In Sensex, Airtel, RIL, HDFC Bank and Infosys rose by about 500 points.
- The market capitalisation of BSE-listed companies increased by Rs 4.76 lakh crore in a day.
- HDFC Bank, Bharti Airtel were the major players in Sensex.
- Sensex again saw a rise of 82 thousand points while Nifty is trading above 25,200.
- NBCC, MTNL shares also witnessed a gain of up to 5% after the signing of MoU.
- Block Deal: Honasa Consumer: 10.9% equity traded, causing its shares to fall.
- Sensex opened 400 points higher while Nifty started trading above 25,050.