Good recovery in stock market

Good recovery in stock market

Mumbai: Out of fear of Corona virus, the stock market has made a good recovery today. In early trading, even after better global signals, the stock market saw a sell-off, but later recovery came. The Nifty closed back beyond 14400, while the SENSEX also closed 375 points stronger. Currently, the Sensex has fallen by 375 points at the end of trading and has closed at the level of 48081. At the same time, the Nifty also closed 110 points strong at the level of 14406. Let us know that the corona virus cases are steadily increasing in the country. More than 3 lakh new cases have been reported in the last 24 hours, which is a record number.

In today’s business, there has been a great recovery in the bank and financial sector and both indexes have strengthened by more than 2 per cent. However, FMCG, IT and pharma stocks saw weakness. ICICI Bank, HDFC and Bajaj Auto are the top gainers in today’s business. At the same time, Titan Company, Tech Mahindra and HUL are the top losers. Talking about global signs, on Wednesday, the major US market Dow Jones closed stronger by more than 300 points. At the same time, there is a boom in Asian markets today.

In today’s business, largecap stocks have seen a boom. 18 stocks of Sensex 30 have closed in the green mark, while 12 have been weak; The list of top gainers includes ICICI Bank, HDFC, Bajaj Auto, HDFC Bank, SBI, Kotak Bank and Bajaj Finance. The top losers include Titan Company, Tech Mahindra, HUL, Asian Paint, Nestle India and Ultratech Cement.

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