new Delhi. In the Indian stock market, even on Friday, investors will be seen in a dilemma. Although there are signs of bullishness in the US stock market, but there are many such factors which can force investors to book profits.
The Sensex and Nifty also started trading on Thursday with a big fall, but in the end, they closed with little loss. The Sensex fell 89 points to 57,596, while the Nifty slipped 23 points to 17,223. Experts estimate that today the market may see an early rise, but later there are more chances of profit-booking dominating.
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US market rises due to crude pressure
There was a bullish atmosphere on the three stock exchanges of the US stock market. Dow Jones closed with 349.44 points (1.02 per cent) and S&P 500 63.92 points (1.43 per cent) and Nasdaq Composite 269.24 points (1.93 per cent) in Thursday’s trading.
European markets mixed trend
In Europe too, two of the three major stock exchanges were in a downtrend, while one made a gain. Germany’s DAX closed with a loss of 0.07 percent, while France’s CAC also saw a decline of 0.39 percent. However, London’s FTSE stock managed to gain 0.09 per cent on the exchange.
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Most Asian markets rally
Most of the stock markets of Asia have opened with gains on Friday morning. Singapore’s stock exchange is seeing a 0.37 percent jump, while Japan’s Nikkei exchange is up 0.39 percent. However, Hong Kong’s stock market is trading with a loss of 0.41 percent and Taiwan 0.11 percent. Apart from this, 0.11 percent on the stock exchange of South Korea and 0.06 percent on the Shanghai Composite of China is seen.
Foreign investors sold again
Foreign Institutional Investors (FIIs) started selling again on March 24 after buying in the last three-four sessions. During this, FIIs sold shares worth Rs 1,740.71 crore. However, domestic investors caught buying and invested Rs 2,091.07 crore. This saved the market from any major fall.
Tags: BSE Sensex, Nifty50, Share market
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