New Delhi: The stock market is shopping on Wednesday for the second consecutive day. The Sensex is trading 291.80 (0.59%) points higher at 49,493.19 and the Nifty is up 94.75 (0.65%) points at 14,778.25. 24 out of the 30 stocks included in the index are up. Titan and Power Grid are the biggest gainers by 1.8%. Apart from this, shares of Reliance Industries, IndusInd Bank including SBI and Maruti also have a gain of over 1-1%. At the same time, shares of HDFC Bank and Kotak Bank are trading with a decline.
More buying in metal stocks
Nifty is also trading up 49 points at 14,742. Adani Port's stock is trading up 3% in the index. The stock had also gained 14% yesterday. Investors are buying in most metal stocks. The share of the sector Tata Steel is also trading with a gain of 1.2%.
The gain in 1,409 shares is being traded in
2,045 shares on BSE. The gain is in 1,409 shares and decline in 555. The total market cap of the listed companies has gone up to Rs 207.59 lakh crore as against Rs 206.35 lakh crore yesterday.
IMF said- India's possible growth of 12.5% of GDP in 2021 The
International Monetary Fund (IMF) has projected positive growth in the Indian economy. According to the IMF, the GDP rate is expected to be 12.5% in 2021, which is higher than China's growth rate. This growth is expected to continue in the future. According to the report, India's GDP will grow by 6.9% in 2022. The Indian economy had fallen by 8% in the previous year ie 2020.
Sluggish business in the worldwide stock market
Japan's Nikkei index is trading up 25 points at 29,722.
China's Shanghai Composite Index is down 23 points at 3,459.
Korea's Kospi index also has a slight gain of 4 points, with the index trading at 3,131.
Australia's All Ordinaries Index also rose 18 points to 7,151.
Light profit recovery in US markets, flat business in Europe markets,
despite a strong economic recovery in the US stock markets, declined slightly, as investors are nervous before the quarterly results. The S&P 500 index slipped 4 points to close at 4,073.94. The Dow Jones index fell 96.95 points to close at 33,430. Similarly, the Nasdaq index also ended with a slight decline of 7 points at 13,698. European markets also closed flat before this, including the stock markets of France, Britain and Germany.
There was a slight increase in the market on Tuesday, the
stock market saw a slight increase on April 6. The BSE Sensex rose 42 points to 49,201.39 and the Nifty also closed up 45 points at 14,683.50. According to NSE provisional data, foreign institutional investors (FIIs) sold shares worth Rs 1,092.75 crore, while domestic institutional investors (DIIs) bought shares worth Rs 416.59 crore.