What’s inside:
This article covers the recent rise in the Indian stock market, the performance of major indices, and updates from global markets.
The Indian stock market opened positively on Thursday, 6 November, following good signals from global markets. Both the Sensex and Nifty showed strong gains in early trading.
As of Thursday morning, the BSE Sensex increased by 349 points, reaching 83,808. Meanwhile, the Nifty from the National Stock Exchange gained 60 points, standing at 25,658. Investor sentiment appeared to be strong during this period.
In the list of top gainers, Asian Paints performed well, along with shares of Indigo, Mahindra & Mahindra, Adani Ports, and Sun Pharma. However, the Nifty 50 had some losers, including Hindalco, Grasim Industries, Zomato, Shriram Finance, and Power Grid Corp.
Asian markets saw positive movements as well, with Japan’s Nikkei 225 up by 1.45 percent and South Korea’s Kospi gaining 2.5 percent. The American stock markets also closed positively on November 4, with the Dow Jones rising by 225.76 points.
On the currency front, the US dollar index dropped slightly to 99.99 on Thursday. The rupee also saw a decrease, closing at 88.66 against the dollar on November 4. This indicates ongoing fluctuations in the foreign exchange market.
Summary:
- The Indian stock market opened positively on 6 November.
- BSE Sensex rose by 349 points, while Nifty gained 60 points.
- Asian Paints and other companies showed good performance.
- Asian markets also reported gains across the board.
- The US dollar index fell slightly, and the rupee closed lower against the dollar.
