Market Closing: In the Indian stock markets, the opening on Tuesday was inauspicious but the closing has been auspicious. There was huge volatility in the market. Today Sensex closed by recovering about 1000 points and Nifty around 300 points from lower levels. After four days, the markets closed in the green. Today the stock markets were open with a fall of about 200 points and selling dominated the market throughout the day, but at the last moment there was buying in the market.
Nifty managed to close above 16000 in today’s business. At the end of trading, the Sensex closed at 53,424.09 with a gain of 581.34 points, or 1.10 per cent. Nifty closed at 16,013.45 with a gain of 150.30 points or 0.95 per cent.
There was buying in IT, Realty, Pharma shares in today’s business. On the other hand, FMCG, auto stocks saw a rise. BSE Midcap index closed with a gain of 1.57 per cent and Smallcap index by 1.40 per cent today due to buying in midcap, smallcap stocks.
Speaking at the Digital Global Forum 2022 in Bangalore today, Finance Minister Nirmala Sitharaman said that RBI will launch its digital currency this year. He also said that we have discussed digital currency with RBI several times. We believe that RBI should design its digital currency keeping in mind the needs of the country.
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