The Sensex surged above the 190-point mark by over 190 points at the start of trading on the Bombay Stock Exchange (BSE) on positive signals from the domestic and global markets. During this period, there was a strong emphasis on market buying by traders. Analysts said investors’ sentiment remained strong as the third quarter GDP figures reached a positive range. Along with this, the buying of investors has also increased due to the return of peace in the bond market after last week’s upsurge in global markets.
Crude oil benchmark Brent oil futures price in global market
The Bombay Stock Exchange (BSE) 30-share Sensex rose 191.45 points, or 0.38 percent, to 50,041.21 points at the start of trading, while the National Stock Exchange (NSE) Nifty rose 65.10 points or 0.44 percent to 14,826.65 points. Among the 30 stocks in the Sensex, 26 were trending. Earlier on Monday, the Sensex was up 749.85 points or 1.53 percent and the Nifty was up 232.40 points or 1.60 percent. Meanwhile, crude oil benchmark Brent oil futures fell 0.65 percent to USD 62.90 per barrel in the global market.
Nifty also opened on the green mark
The Bombay Stock Exchange’s Sensex rose 509 points to 49,608.97 points, the Nifty rose 153.15 points to 14,682.30 points in early trading on Monday. At 9.16 am, the Sensex was trading at 49,594.86 with a gain of nearly 500 points. Whereas, Nifty was also open and trading on the green mark. The stock markets witnessed tremendous selling in the last trade. Due to this, the Sensex broke 1,939 points and the Nifty also fell below the 14,500 mark.
BSE is an index based on 30 stocks and shares of all 30 major companies closed with a red mark. The Sensex lost 1,939.32 points to close at the 49,099.99 level. On the other hand, the Nifty lost 568.20 points to close at the level of 14,529.15 points.
Sensex breaks over a thousand points on Friday
In early trade, the Sensex broke over a thousand points on Friday, while the US bond yield fell sharply on Wall Street on Thursday, which had an impact on the stock markets around the world today. The domestic market also did not remain untouched by this. The BSE Sensex fell by 1600 points to fall below the 49500 mark, while the NSE Nifty also fell below the 14650 mark. This fall caused investors to lose Rs 4.63 lakh crore in less than 3 hours.