Stock Market Update: Amidst mixed global signals, buying is being seen in the domestic stock market. Both Sensex and Nifty indices have strengthened in today’s trading.
Sensex has gained more than 250 points, while Nifty has reached near 16700. All-round shopping is being seen in the market. Bank, Financial and Auto indices are showing gains of more than half a percent on Nifty. Metal and realty indices have also gained more than half a per cent. IT, Pharma and FMCG indices are also in the green.
At present, the Sensex is up by 257 points and is trading at the level of 55,939. On the other hand, Nity is up by 81 points and it is trading at the level of 16686. Buying in heavyweight stocks. 26 stocks of Sensex 30 are in green mark. Today’s top gainers include KOTAKBANK, RELIANCE, ICICIBANK, SBIN, BAJAJFINSV, MARUTI and TITAN.
Talking about global signals, buying is being seen in major Asian markets in today’s business. On the other hand, after Thursday’s rally, there has been weakness in stock futures.
On Thursday, the US markets closed stronger. After the fall in Brent crude, there has been a slight rise. Crude is at $105 a barrel. While US crude is at $ 98 per barrel. The 10-year bond yield in the US stands at 2.899 per cent.
The June quarter results of the country’s leading IT company Infosys will be released on Sunday, July 24.
Quarterly results of ICICI Bank and Kotak Mahindra Bank will be released on Saturday that is 23rd July. Apart from these, the results of Yes Bank, Karnataka Bank, eMudhra, Navin Fluorine, Steel Exchange India will also come tomorrow.
Also Read – Stock Market Update Today: Today’s Top Gainers
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