Categories: Business

sensex ends 511 points up nifty up 140 points

Photo: FILE

stock market today

new Delhi. Domestic stock markets closed for the fifth consecutive day today. Foreign signs and positive news about corona virus have been the main reason for today's growth in the stock market. The Sensex gained 511 points to close at 37,930 on Tuesday and the Nifty gained 140 points to 11,162 on Tuesday due to strong buying by investors. In the past 5 days, the Sensex has gained about 1900 points.

European Union countries today agreed to a relief package for the recovery of economies across the region. Union leaders have announced a $ 856 billion recovery fund that will help to bring the European Union's economy back on track in the future. Only after the news, the European market saw a boom and the shares reached a 4-month high. Germany's DAX index was trading up over 2 per cent in Europe at the close of the domestic market. France's CAC 40 was up 1.56 percent and the United Kingdom's FTSE 100 was up 0.71 percent. Among Asian markets, Hong Kong's Hang Seng has gained 2.31 per cent, Japan's Nikkei 0.73 per cent and China's Shanghai Composite has gained 0.2 per cent.

Along with this, positive news coming on the vaccine being prepared regarding the corona virus has also increased the confidence of investors. Vaccine trials have started in India, while many vaccine trials across the world have reached the next level, which has created some expectations for their launch this year. Investors' sentiments have also improved with this.

This post was published on July 21, 2020 4:06 pm

Content Team

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