Sensex trading 350 points up at 84,550: Nifty also up 100 points; More buying in banking and realty shares

Sensex trading 350 points up at 84,550: Nifty also up 100 points; More buying in banking and realty shares


Mumbai5 minutes ago

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Today, on the first trading day of the week, i.e. Monday, October 27, the Sensex is trading up 350 points at 84,550. Nifty is also up by 100 points, it is trading at 25,900.

Out of 30 Sensex stocks, 20 are rising. Shares of Tata Steel, Tata Motors Passenger Vehicle (TMPV), Airtel and Reliance are rising. Bharat Electronics and Infosys are at the bottom.

35 out of 50 stocks of Nifty are rising. NSE’s banking and realty indices are trading around 2% higher. There is a slight decline in FMCG.

Global market boom

  • In Asian markets, Korea’s Kospi is trading up 2.27% at 4,031 and Japan’s Nikkei is trading up 2.10% at 50,337.
  • Hong Kong’s Hang Seng index traded up 0.95% at 26,409 and China’s Shanghai Composite was up 1.04% at 3,991.
  • On October 23, America’s Dow Jones closed at 47,207, up 1.01%. The Nasdaq Composite was up 1.15% and the S&P 500 was up 0.79%.

FIIs bought shares worth Rs 622 crore on October 24

  • On October 24, foreign investors (FIIs) bought shares worth Rs 621.51 crore and domestic investors (DIIs) bought shares worth Rs 173.13 crore in the cash segment.
  • Foreign investors have so far sold shares worth ₹244.02 crore in the month of October. At the same time, domestic investors have made net purchases of ₹ 33,989.76 crore during this period.
  • Foreign investors have sold shares worth ₹35,301.36 crore in the month of September. Whereas domestic investors had made net purchases of ₹ 65,343.59 crore during this period.

The market had closed down by 345 points on Friday

On Friday, October 24, the last trading day of the week, the Sensex fell 345 points and closed at 84,212. Nifty fell by 97 points and closed at 25,795.

20 out of 30 Sensex stocks declined. Shares of Hindustan Unilever, UltraTech, Adani Ports fell by up to 3.5%.

34 out of 50 Nifty stocks fell. FMCG, Banking, Pharma and Healthcare sectors of NSE fell the most. Metal and realty stocks remained bullish.

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