The index has recovered the entire loss in the year 2020. It closed at 41,306.02 on January 1, 2020. The impact of Joe Biden's victory in the US election was clearly visible. According to analysts, further market volatility will continue. Hence investors should be cautious.
Boom in global markets
On Tuesday, there was an increase in markets around the world. The US market Dow Jones gained 0.90 per cent to close at 29,420.90, up 262.95 points. While the S&P 500 index was down by 0.14 percent at 4.545.53, down 4.97 points. Yesterday, the European market also saw a boom. Britain's FTSE index was up 1.79 per cent at 6,296.85. France's CAC index was up 1.55 percent at 5,418.97.
Such was the situation of veteran shares
Talking about the big stocks, shares of Hindalco, Tata Steel, Doc Reddy, Axis Bunk and Eicher Motors closed on the green mark today. IndusInd Bank, Reliance, Titan, Asian Paints and Britannia shares closed at the red mark.
Monitoring of sectoral index
If we look at the sectoral index, today all the sectors except the media and PSU bank closed on the green mark. These include pharma, IT, FMCG, banks, private banks, finance services, realty, metals and autos.
The market was open on the edge
Today the Sensex opened at 173.17 points (0.40 per cent) at 43450.82 level. At the same time, the Nifty started at 5568.40 points with a gain of 0.44 per cent) at 12686.40.
The market had closed on the green mark on the previous trading day
The stock market closed on the previous trading day. Yesterday, the Sensex gained 1.60 percent to close at 632.22, up 43277.65. The Nifty closed at 12631.10 with a gain of 1.36 per cent (170.05 points).