Share Market Highlights: Sensex zooms 632 points to end at 54884, Nifty closes at 16352; tech Mahindra top gainer

Share Market Highlights: Sensex zooms 632 points to end at 54884, Nifty closes at 16352; tech Mahindra top gainer

Market news sharing today | Sensex, nifty, highlight stock price: Domestic stock market continues to line up higher on Friday, the first day of the expiration of fresh monthly. S&P BSE Sensex jumped 632 points or 1.17% to end the day at 54,884 while the NSE NIFTY 50 index settled at 16,352, up 182 points or 1.13%. Bank Nifty violated 35,600 levels while India Vix captured 5.46% down below 22 levels. Tech Mahindra is a Sensex stock to get the top, followed by Indusind Bank, Infosys, Bajaj Finance. NTPC is the worst player in Sensex, down 2.92%, accompanied by power grid, Bharti Airtel, and Tata Steel.

Sensex ends green to run the second day, nifty can head to 16700-16800 if it crosses 16400
Bulls still hold control in Dalal Street for the second day running and comfortable ending the day with profit. S&P BSE Sensex jumped 632 points or 1.17% to end the day at 54,884 while the NSE NIFTY 50 index settled at 16,352, up 182 points or 1.13%. Tech Mahindra is a Sensex stock to get the top, followed by Indusind Bank, Infosys, Bajaj Finance. NTPC is the worst player in Sensex, down 2.92%, accompanied by power grid, Bharti Airtel, and Tata Steel. Bank Nifty violated 35,600 levels while India Vix captured 5.46% down below 22 levels.

Bank Nifty continues to shine
Bank Nifty rose more than 1.5% on Friday, because banking gauges continue to perform better.

Tech Mahindra Top BSE Sensex Gainer
Tech Mahindra, Bajaj Finance, Indusind Bank, Wipro, Infosys, and Bajaj Finserv including among BSE Sensex Gainers in afternoon trading

Sensex, Nifty rose more than 1% at this time
BSE Sensex is traded more than 1 percent or 608 points higher at 54,861, while the NSE NIFTY 50 index rose 1.07 percent or 173 points for trading at 16296

Nifty resistance in 16400; Use a decrease in a nifty bank near 34800-34700 to add fresh longs in the next 2 sessions
The action full of action was seen in our domestic market with V -shaped recovery on the expiration day. Nifty 50 benchmark index starts the day with a gap that is immediately sold, and violates psychological signs to test the lowest intraday position of 15904 odd levels. However, the short cover in the middle session triggered a fast rally that reduced all initial losses, followed by broad -based optimism which increased market sentiment and yelled at sales a week. The Nifty ended the expiration session on a high day with an increase of 0.90 percent

Paradeep Phosphate sharing makes a warm list at BSE, NSE; Stock debut 4.7% above the IPO price
Paradeep Phosphates shares listed on the stock exchange today with a marginal premium with an IPO price in the middle of the Bullish market momentum. The company’s shares began trading in NSE in RS 44 per share, up/down 4.76% of the IPO price of RS 39-42 per share and in BSE debut shares in RS 43.55 respectively. The fertilizer company came with its IPO earlier this month and fully subscribed by investors from all categories, except NII. The company has a market capitalization of 3,547 crore hospitals on its market debut.

A good bank to encourage higher nifty
In the future, the force of follow -up in the Nifty bank (which carries a weighting of 35% in Nifty) will push nifty to the ribbon for the consolidation placed in 16400.”

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