Amidst the US presidential election voting and results, the Sensex is trading at the level of 79,840 today i.e. on November 6 with a rise of more than 350 points. Nifty also has a gain of 120 points, it is trading at the level of 24,330.
Out of 30 Sensex stocks, 22 are rising and 8 are declining. Out of 50 Nifty stocks, 43 are rising and 7 are declining. All the sectoral indices of NSE are trading rapidly.
Asian markets also on the rise
- In the Asian market, Japan's Nikkei is up 2.25%. Whereas Korea's Kospi is trading with a rise of 0.013% and China's Shanghai Composite is trading with a rise of 0.29%.
- On November 5, the US Dow Jones Industrial Average rose 1.02% to 42,221 and the S&P 500 closed 1.23% to 5,782. The Nasdaq rose 1.43% to 18,439.
- According to NSE data, foreign investors (FIIs) sold shares worth ₹2,569.41 crore on November 5. During this period, domestic investors (DIIs) bought shares worth ₹ 3,030.96 crore.
IPO of Swiggy and ACME Solar Holdings will open today
The Initial Public Offer i.e. IPO of Swiggy Limited and ACME Solar Holdings Limited will open today. Investors will be able to bid for both the issues till November 8. On November 13, shares of both the companies will be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The market had recovered 1,180 points from the day's low yesterday.
Earlier yesterday i.e. on November 5, the Sensex had recovered 1,180 points from the day's low of 78,296. After the day's trading, it closed at 79,476 with a gain of 694 points.
Nifty also recovered 371 points from the day's low of 23,842. It closed at the level of 24,213 with a gain of 217 points. Out of 30 Sensex stocks, 21 were up and 9 were down. Out of 50 Nifty stocks, 39 were up and 11 were down. The metal sector of NSE had the highest rise of 2.84%.
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Indian Oil's profit increased 3.8 times in the second quarter: It increased from ₹ 420 crore to ₹ 2,016 crore, the company will give ₹ 3 dividend per share.
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Rupee hits low of 84.11, imports will be expensive: Gold rises ₹93 to ₹78,518, Sensex falls 941 points to close at 78,782
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Thailand extends visa-free entry indefinitely: Indian travelers will be able to visit Thailand without visa, entry will be available for 30 days.
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Market recovered 1,180 points from the day's low: Sensex closed at 79,476 with a gain of 694 points, Nifty also recovered by 371 points.
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Graphics Source: VaskarAssets