Business
By Amit - March 22, 2023
Mumbai36 minutes ago
Today i.e. on Wednesday (March 22), the stock market is witnessing a boom. The Sensex climbed 171 points to open at 58,245. At the same time Nifty also climbed 70 points. It opened at 17,177 levels. Out of 30 Sensex stocks, 25 are seeing a rise and only 5 are seeing a decline.
Adani Enterprises shares rose 1.27%
Today all the 10 stocks of Adani Group are seeing a boom. The stock of Adani Enterprises, the flagship company of Adani Group, is trading up by 1.27% at 9.30 am. On the other hand, the shares of Adani Green Energy and Total Gas are up by 5-5%.
Crude oil prices increased by 2%
Today there has been a rise in crude oil (Brent crude). Crude oil has increased by 2% to reach $ 75.32 per barrel in the international market. At the same time, American crude (WTI) is also up by 2.5% at $ 69.33 per barrel.
Strength in US and Asian markets
Positive signals are coming from the global market. Strength is being seen in the markets of Asia. SGX NIFTY and US FUTURES are trading flat. However, the US markets closed higher for the second day yesterday on hopes of easing the banking crisis.
Selling continues in FII
Selling by Foreign Institutional Investors (FII) continues unabated. On Tuesday, foreign institutional investors sold shares worth Rs 1,455 crore in the cash market. While domestic institutional investors (DIIs) bought shares worth Rs 1,946 crore yesterday. FIIs have bought only Rs 2,408 crore so far this month. DIs have made a total purchase of Rs 20,985 crore so far this month.
There was a boom in the stock market on Tuesday
On Tuesday i.e. March 21, there was a boom in the stock market. The Sensex climbed 445 points to close at 58,074. There was a buy in 18 of its shares and a sell in 12. At the same time Nifty also climbed 119 points. It had closed at the level of 17,107.
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