Brokerage firms are giving BUY rating to this stock of Rakesh Jhunjhunwala, know the target price

Share Market Closing Bell: Sensex jumps 935 points, Nifty closes above 16800

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new Delhi. On the first trading day of the week, the Bombay Stock Exchange (BSE) Sensex rose 285 points or 0.51 per cent to open at 55835, while the National Stock Exchange (NSE) Nifty gained 68 points or 0.41 per cent to trade at 16698 level. Started it. The trading week got off to a great start. The market closed on the edge for the fifth consecutive session. At the end of trading, the Sensex closed at 56,486.02 with a gain of 935.72 points or 1.68 per cent. On the other hand, Nifty closed at 16,871.30 with a gain of 240.85 points or 1.45 percent.

Let us tell you that the Sensex closed at 55,550.30 with a gain of 85.91 points, or 0.15 percent, on the last trading day. Similarly, Nifty also closed at the level of 16630.45 with a gain of 35.55 points or 0.21 percent.

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Now you will have to pay more for Maggi and Coffee
Hindustan Unilever (HUL) and Nestle have increased the prices of tea, coffee, milk and noodles from March 14. According to CNBC-TV 18, HUL has increased the prices of Bru Coffee by 3-7%. At the same time, the prices of Bru Gold coffee jars have also increased by 3-4%. The prices of instant coffee pouches have increased from 3% to 6.66%. At the same time, the prices of Taj Mahal tea have increased from 3.7% to 5.8%. The prices of different teas of Brook Bond variants have increased from 1.5% to 14%. HUL said that due to the ever-increasing inflation, the company has to pass on the burden of the increased prices to the customers.

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Wholesale inflation rises to 13.11 percent in February
The Wholesale Price Index (WPI) inflation rose to 13.11 per cent in February 2022. This information has been received from government figures on Monday. Wholesale inflation has remained above 10 per cent for the 11th consecutive month since April 2021. The WPI was 12.96 per cent in January 2022, while it was 4.83 per cent in February last year. According to the data, inflation in food articles came down to 8.19 per cent in February 2022 from 10.33 per cent in January.

Tags: Nifty, Sensex, Share market

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