Sensex rises by 300 points: It is trading at 84,800, Nifty also rises by 100 points; Increase in auto and IT shares

There is an increase in the stock market today i.e. on 26th November. Sensex is trading at 84,800 with a rise of about 300 points. At the same time, there is a rise of about 100 points in Nifty, it is trading at 25,950. Today there is more rise in auto, metal and IT shares.

SEBI approves first AI IPO Enterprise artificial intelligence (AI) company Fractal Analytics has received approval from SEBI for an IPO worth Rs 4,900 crore. This will be the country’s first AI-focused listing, giving investors an opportunity to stake in the growing AI sector. The company will use this amount to repay the loan, build a new office and research and development.

Global market boom

• Asian Market: Korea’s Kospi was trading up 1.62% at 3,920, Hong Kong’s Hang Seng was up 0.25% at 25,958 and Japan’s Nikkei was up 1.94% at 49,605.
• US Market: On November 25, the Dow Jones closed at 47,112, up 1.43%. At the same time, Nasdaq Composite rose by 0.67% and S&P rose by 0.91%.

Domestic investors are controlling the market On November 25, foreign investors (FIIs) sold shares worth ₹917 crore. While domestic investors (DIIs- big funds of our country) made purchases worth ₹3,423 crore. So far this month- FIIs have sold shares worth ₹17,227 crore. Whereas, DIIs bought shares worth ₹62,746 crore. In such a situation, it becomes clear that the market has more support from domestic investors.

There was a decline in the market yesterday Earlier yesterday i.e. on 25th November, there was a decline in the stock market. The Sensex fell 314 points and closed at 84,587. There was a decline of 75 points in Nifty, it closed at 25,885.

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