There was volatility in the stock market this week, investors got relief from profits
Buying started in the Indian stock market today. The Sensex
closed 344.63 points or 0.65% higher at 53,760.78 and the Nifty was up 110.50
points or 0.69% at 16,049.20.
Tata Consumer Products, Titan Company, Eicher Motors, Tata
Motors and HUL were the top gainers on the Nifty, while Tata Steel, Power Grid
Corporation, HCL Technologies, Wipro and JSW Steel fell. Auto had gained 2% and
FMCG by 1.49% on Nifty in today's trade. Bank and financial indices saw
marginal gains. IT and metal stocks are included.
The stock market started fluctuating during this week.
Talking about the market, there was a fall in the beginning of the week but
after some time there was an increase. Because of this, there was an increase
to a great extent. Investors benefited greatly from the rise in the market.
Investors became rich by profits in the stock market
Sun Pharma, Titan, Dr Reddy, Reliance, Ultra Tech Cement,
HDFC have seen a lot of gains in the stock market this week. While the pharma
sector has started gaining 1.38%.
What's your opinion on the market?
According to Vinod Nair, Head of Research, Geojit Financial Services, volatility has started to re-emerge and investors have started focusing their attention on the coming Fed policy due to rising US inflation. The fall in crude oil prices and reduction in FII sales has created a positive sentiment in the Indian stock market.
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