Stock Market Today: Foreign investors are now returning to the Indian stock market due to positive factors at the local and global level. Sensex and Nifty have started the new month and new week on a positive note. After the Sensex opened with a slight improvement, investors' capital has increased by Rs. 2.57 lakh crore.
By 10.45 am, the Sensex rose 265 points to reach a record high of 79,297. On Friday, the Sensex had recorded a historic high of 79671.58. At the time of writing the news today, the Nifty 50 was trading with a jump of 70 points. At 11 am, the Nifty was trading 75.80 points up at 24086.40. The Sensex is trading 203.81 points up at 79236.
FIIs invest $3.2 billion
After heavy selling in April and May, foreign investors made attractive purchases of $3.2 billion in June. Earlier, in March, they had shown borrowing of $4.2 billion. Whereas in April, there was a sale of $1.04 billion and in May, $3.1 billion.
increased chances of improvement
Last week, various sectoral indices including Sensex and Nifty hit new all-time highs. The attractive rally has led to a rise in market valuations. Due to this, market experts are predicting a major correction in the near future. Nifty has gained 11 per cent so far in the current calendar year.
326 stocks hit upper circuit, 265 hit new yearly highs
Out of the total 3916 stocks traded on BSE today, 2556 stocks rose and 1182 stocks fell. 265 stocks reached new yearly highs while 22 stocks reached yearly lows. 326 stocks hit upper circuit and 182 stocks hit lower circuit.