Sensex rises by 500 points: Trading at 79,600, Nifty up 150 points; Buying in auto and energy shares

Sensex rises by 500 points: Trading at 79,600, Nifty up 150 points; Buying in auto and energy shares




There is an increase in the stock market today i.e. on 5th March. Sensex is trading at 79,600 level with a rise of 500 points. Nifty also has a gain of about 500 points. It is trading at the level of 24,650. Auto and energy shares are higher. Crude oil rose 15% in 4 days, Brent crude is up by about 1% today. It has reached $83 per barrel. Its prices have increased by about 15% in the last 4 days. Experts believe that if this tension increases further, oil prices may go up to $ 120 per barrel. Its effect can be seen on petrol and diesel in India. Petrol in Delhi may increase from ₹95 per liter to ₹100. Whereas diesel can increase from ₹ 88 to ₹ 92. Prices may increase similarly in other cities also. Gold increased by Rs 1,000 and silver by Rs 5,000. In the futures market (MCX), today gold has increased by Rs 1,000 and is trading at Rs 1.63 lakh per 10 grams. Whereas silver has increased by Rs 5,000 and is trading at Rs 2.71 lakh per kg. In Asian markets, South Korea’s market rose by 10%. There was a rise in the American market on March 4. Gold rose by Rs 1,000 and silver by Rs 5,000. In the futures market (MCX), today gold has increased by Rs 1,000 and is trading at Rs 1.63 lakh per 10 grams. Whereas silver has increased by Rs 5,000 and is trading at Rs 2.71 lakh per kg. There was a decline in the market yesterday. Earlier yesterday i.e. on March 4, there was a decline in the stock market. The Sensex fell 1123 points or 1.40% to close at 79,116. Nifty also fell 385 points or 1.55%. It had come to the level of 24,480.



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