Categories: Business

Stock market fluctuations, Sensex closed up by 180 points

stock market
Image Source: GOOGLE

new Delhi. Today, the domestic stock market has seen sharp fluctuations. During the trading, the Sensex saw a turnover of around 400 points. At the end of trading, the Sensex rose by 180 points to 34911 and the Nifty closed at 10311 with a gain of 67 points. Today, the maximum speed has been seen in public sector banks.

Currently, investors around the world are scared of the second wave of corona virus. Markets are keeping an eye on new cases of the virus in China and European countries, in fact any hint of a second wave of virus will increase the possibility of further delay in recovery. In view of this, caution has been observed in European and Asian markets at the moment. On the other hand, there is an upward trend in gold prices, indicating that investors are skeptical about the equity market and increasing investment in gold in the name of safe investment.

Public sector banks were the biggest gainers in the first trading session of the week. The index closed up about 4 per cent. On the other hand, the entire banking sector index closed up 1.8 per cent. The metal and pharma sectors have seen a growth of over 2–2 per cent. At the same time, the auto sector closed with a gain of about 1.5 per cent. In today's business, the IT sector has closed down by 0.22 per cent.

This post was published on June 22, 2020 4:35 pm

Content Team

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