Share Market Latest Updates: After the Gandhi Jayanti holiday, the 30 -point BSE Sensex fell 299.17 points on Friday to open 80 684.14 and the Nifty 50 index 76.75 points to 24759.55.
Around 9:25 pm, by the time the news was written, the BSE Sensex was trading at 97.51.50 points or 0.13 per cent, and the Nifty was trading at 24771.90 with a decline of 80,881 and Nifty 50 64.40 points or 0.26 per cent. Tata Steel, Tata Motors, Axis Bank, BEL were trading on the green mark on BSE Sensex. At the same time, Bajaj Finance, M.EdM, Maruti were trading on the red mark.
How was the market condition on 1 October?
The Indian stock market closed rapidly in Wednesday’s trading session. The 30 -digit BSE Sensex index was up 715.69 points or 0.89 per cent to close at 80,983.31 points. At the same time, the Nifty 50 index had closed at 24,836.30 with an increase of 225.20 points or 0.92 percent. The stock market saw a boom.
The market saw a boom in the Reserve Bank of India after the decision of the Monetary Policy Committee. However, before the RBI’s decision, the index was seen to be fluctuated, but later it was seen to have a boom. Investors had shown confidence in the Indian stock market, due to which there was greenery in the stock market. After the decision to retain the repo rate at 5.5 per cent, the investors had purchased banking sector shares, which led to a boom in the stock market and it closed with a green mark.
Global market condition
On Thursday, American Equity in Wall Street, USA gained an edge in the tech sector and did business by establishing new record levels. There was a flat business in the Asian market. Japan’s Nikkei index gained 225 points or 0.42 percent. Japan’s unemployment rate of September reached 2.6 percent, which is more than expected of 2.4 percent. Australia’s S.EdP/ASX 200 saw a decline of 0.17 percent. At the same time, business of China and South Korea could not be traded due to holiday.
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