The Stock Markets Had A Good Start On Friday

The stock markets had a good start on Friday: Share Market Today. The stock market is back in full swing, BSE’s top stocks come in profit.

The stock markets had a good start on Friday. Sensex opened above 1000 points at 55321 amid the Russia-Ukraine crisis.

After the market opened, it took a rally of around 1150 points. At the same time, Nifty 50 also opened up at 16,247.

The shares of Sensex which saw a rise included 29 stocks including IndusInd Bank, Tata Steel. NestleInd was the only share in the loss stock.

Domestic equity benchmarks Sensex and Nifty on Friday jumped over 2 percent in early trade in line with higher Asian markets.

Because investors had already assessed the long-term damage from the Ukraine conflict before the market opened. BSE Sensex was trading up 1400 points and NSE Nifty was trading up 400 points.

IndusInd Bank, Tata Steel, Bajaj Finance, Bajaj Finserv, and SBI were the top gainers on the Sensex chart.

There was an increase of 6 percent in these. Earlier on Thursday, Sensex had broken more than 2,700 points. This is the biggest single-day drop in nearly two years.

On the other hand, Nifty had lost 815 points. This fall on Dalal Street registered a loss of over Rs 13 lakh crore in investors’ wealth.

Panicked by the Ukraine crisis, foreign institutional investors (FIIs) on Thursday further sold shares worth Rs 6,448.24 crore in the Indian capital market, according to exchange data.

Meanwhile, the US, the European Union, and Japan are working on a joint front to support Ukraine and have agreed on the second installment of economic and financial sanctions on Russia.

After the Russian attack on Ukraine, oil prices rose further. Brent crude futures were up 2 percent at $101.20 per barrel.