Domestic stock market has also seen a boom amid better global signals. In today’s business, both the Sensex and Nifty have jumped fiercely due to strong buying in bank and financial stocks. The market is now eyeing the economic data of big economies with the election of president in the US. Currently, the Sensex gained 449 points at the end of trading and closed at 40,432. At the same time, the Nifty also rose 111 points to cross the 11850 level and closed at 11873 level. Bank and financial stocks have seen a boom. While IT and pharma have become weak. Talking about global signals, the Dow Jones gained 112.11 points, or 0.39 per cent, on Friday. At the same time, there is a good boom in Asian markets today.
In today’s trade, 23 stocks of Sensex 30 have seen a boom. ICICI Bank, Axis Bank, Nestle India, SBI, HDFC and IndusInd Bank have been the fastest. At the same time, today Bajaj Auto, TCS, Mahindra and Mahindra, Airtel, Maruti and Sun Pharma are top losers. 7 of the 11 major Nifty indices have seen a boom. IT and Pharma closed in red mark. The pharma index fell more than 1.5 percent. Bank, financial and realty index has been up 3 percent, 2.5 percent and more than 1.5 percent. The auto index also swung in red. While FMCG, and metal in green mark.
