March 26: Stock market closed with surge, Sensex climbed 568 points

The Indian stock market saw good gains on Friday 26 March. The market also broke the trend of the last two days of big downfall due to the boom. The benchmark indices Sensex and Nifty closed up about 1.2% after opening in the morning.

The BSE Sensex closed above 49,000. At the same time, the Nifty 50 also managed to close above 14,500 fast.

The big things of the business of 26 March-

The BSE Sensex gained 568 points. At the same time, the NSE Nifty rose by 182 points.

At the time of closing the Stock market, only 4 stocks in 30 of the Sensex pack remained in the red mark. Only 6 shares were broken in 50 of Nifty packs.

The IPO of Barbecue Nation was subscribed 5.97 times till 4.18 pm on the last day. The retail quota has been subscribed to 13.06 times the highest so far.

The Nifty Smallcap 100 index gained 1.16% on the last day of the week, while the Midcap 100 index gained 1.55%.

The Volatility Index (VIX) has reached 20.65 after a decline of 9.03%.

Market Movement

Nifty

Open – 14,506.30
Close – 14,507.30
Variation – (+ 1.27%)
High- 14,572.90
Lo- 14,414.25

Sensex

Open- 48,969.25
Close – 49,008.50
Variation – (+ 1.17%)
High- 49,234.66
Lo- 48,699.91

What was the reason for the rise in the market?

Bulls had a good hold in the market on Friday. The Indian market also saw a big boom amid the boom in most Stock market of the world. Valuation of stocks has improved due to the fall. In such a situation, there was a demand for shares by investors at good prices. In the past, the market was broken due to selling by foreign investors and domestic institutional investors.

Which sector did how well?

On 25 March, almost all the Nifty sector-based indices closed in the green mark. Financial services, FMCG, Auto Reality Index moved up between 1.5% and 2%. Similarly, Nifty Bank Index gained 0.94% while Energy Index gained 0.46%. The IT and pharma indices saw a spurt of around 0.6%. The metal sector closed the day with a gain of 3.68%.

Nifty-50 shares seen the fastest in these stocks

Tata Steel (+ 5.89%)
Bajaj Finserv (+ 4.45%)
Titan (+ 3.99%)
Tata Motors (+ 3.97%)
Asian Paints (+ 3.96%)

These shares of Nifty-50 are broken.

Power Grid (-1.39%)
UPL (-1.28%)
Eicher Motors (-0.84%)
ITC (-0.33%)
IndusInd Bank (-0.19%)

Stocks that remain most active-

According to Value, Tata Steel, Tata Motors and Reliance were the three most active stocks in the Nifty. At the same time, according to the volume, the stock of Tata Motors, Tata Steel and SBI dominated.

What is the sign next?

The market will be affected by FII investment, signals from foreign markets, corona and news related to bond yields. Investors should be careful in the market and only trade in good stocks.