Stock Market: Sensex Opened With A Break Of 329 Points
Stock Market: Sensex opened with a break of 329 points; Banking, finance sector shares seen decline.
In the last trading session of the week, the domestic stock market opened with a fall on Friday. The 30-share BSE Sensitive Index Sensex opened down 329 points.
However, it saw improvement during the half-hour business. Sensex was trading at a level of 50,611.08 with a decline of 235 points or 0.46 percent at 09:43 in the morning.
In the previous session, the Sensex had closed at a level of 50,846.08. Similarly, at 09:49 in the morning, the NSE Nifty was trending at a level of 15,048.20 points with a decline of 32.55 points, or 0.22 percent.
Shares of banking, finance, and automobile companies declined in early trade on the domestic stock markets on Friday. By 09:43 AM, IndusInd Bank shares on BSE Sensex saw the highest fall of 3.04 percent.
Apart from this, shares of ICICI Bank, SBI, HDFC Bank, Larsen & Toubro, and Doctor Reddy’s saw a break of more than one percent.
PowerGrid, Sun Pharma, Axis Bank, HDFC, Asian Paint, Bajaj Auto, Bharti Airtel, Bajaj FinServ, Hindustan Unilever Limited, Bajaj Finance, ITC, Kotak Mahindra Bank, Nestle India, and TCS were trading with red marks.
On the other hand, ONGC shares were seeing a significant rise. Shares of UltraTech Cement, Tech Mahindra, NTPC, Mahindra & Mahindra.
HCL Tech, Infosys, Maruti, Reliance, and Titan were also trending green. Earlier on Thursday, the stock markets closed with a fall.
Gold Price: Gold becomes cheaper by Rs 12,000 in 10 months; Invest in it now is a profitable deal or not, know.
In the bad times of Corona, the price of yellow metal gold has fallen by more than Rs 12,000 in the last 10 months.
On Thursday, the price of gold in Sarafa Bazar of the capital Delhi was reduced by Rs 217 to Rs 44,372 per 10 grams. In August last year, its price reached the level of Rs 56,590. This was the highest level of gold ever.
Investors are in a dilemma due to the continuous fall in price for some time. In such a situation, they are confused about the strategy to invest or stay in it.
It is true that in the past, investment in gold has yielded attractive returns compared to many other instruments.
But now investors have come up with many new options and instruments of stable income, which is showing the effect on the price of gold.
