Sunday , December 29 2024

US election results impact Indian stock market, Sensex and Nifty open on gains.

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Stock Market 6 November: The Indian stock market is witnessing a boom after the impact of the presidential election results in America. Sensex is trading at 79771 with a gain of 295 points and Nifty is trading at 24304 with a gain of 95 points.

US market situation

There are indications that Donald Trump will become President in the US elections and due to this the Dow Future of the US market is trading with a rise of 560 points. GIFT Nifty was trading at 24,248, down 48 points.

stock status

Banking, Auto, Financial Services, IT, Metal, Pharma, PSU Bank, Private Bank, Realty, Healthcare and Oil & Gas shares are trading with a gain of 0.30 to 1.19 per cent. FMCG and consumer durables stocks are trading with losses. Apollo Hospitals, Dr Reddy's, HCL Tech, Infosys, Hero MotoCorp, ICICI Bank, BEL and Tech Mahindra are trading with gains of 0.64 to 2.02 per cent. Titan, JSW Steel, Tata Steel, SBI Life, Hindalco, HDFC Life and ONGC traded with losses.

in midcap stocks
Supreme Industries, Mphasis, P&G, Hind Petroleum and IGL rose 1.32 to 3.04 per cent. ICICI Securities, Gillette India, 3M India, Lupine and Kansai Nerolac were trading down 0.14 to 2.06 per cent.

condition of small cap shares
Among smallcap stocks, Banariaman, TransIndia Reel, Vari Renewable, Squivant Citic and GE Power India are seeing a jump of 5.00 to 19.87 percent. UKAN India, Matrimony.com, JK Tire & Industries, Allring Tech and Muthoot Micro are trading down 3.46 to 5.49 per cent.