After a day off, the stock market opened cautiously on Tuesday.

After a day off, the stock market ended on a positive note after a cautious start on Tuesday. Following this, the Mumbai stock market index Sensex rose 204 points to stabilize.

Stock market news

What is happening in the stock market today

Global market cues were weak. The domestic market started cautiously due to this impact. But as time went on, support for buying leading stocks came. Auto, power companies, metal, public sector banks and realty stocks were particularly well supported during the afternoon trade. However, shares of Pharma, HealthCo and FMCG faced selling. Also, foreign institutional investors' focus on repurchasing stocks helped the market rally, stock brokerages said.

Market value volatility: Meanwhile, the market capitalization value fluctuated by Rs 2.34 lakh crore to close at Rs 331.05 lakh crore. Last Friday, foreign institutional investors invested Rs. 2,625.21 crores worth of shares were bought.

Sensex advance: The Sensex, which opened the morning up 93.68 points at 66,063.72, settled down at 65,906.65. The Sensex, which later touched a high of 66,256.20, ended up 204.16 points (0.31 percent) at 66,174.20. 1982 shares gained out of a total volume of 3,972 shares traded on the BSE. 1,811 stocks fell. 179 stocks remained unchanged. On the Sensex list, 23 stocks were gainers and 5 stocks were losers.

Nifty up 95 points: The Nifty, comprising 50 top-tier stocks of the National Stock Exchange, rose 49.95 points in the morning to open at 19,844.65 and settle at 19,800.00. Later, the Nifty, which touched a high of 19,916.85, ended up 95 points (0.48 per cent) to close at 19,889.70. A total of 1,068 stocks were gainers and 1,086 stocks were losers in the national stock market. In the Nifty list, 39 stocks were gainers and 11 stocks were losers.

Comments

At one time, the tax rate in India was 97.50

Many feel that foreign countries tax the rich very heavily and India does not. But did you know that at one time India had to pay 97.50 percent of income tax? Indira Gandhi What is the historical tax rate in India Debates such as distribution of wealth and introduction of inheritance tax have arisen and are currently being discussed in a frenzy. But, in our country, 50 years ago, maximum tax was collected up to 97.50 percent. There was such a period in India. During Indira Gandhi's tenure as Prime Minister, income tax in India was as high as 97.50 percent. However, this collection came to an end shortly after. Indira Gandhi saw taxation as an important mechanism to balance income and wealth. Based on this, in February 1970, he presented the budget in Parliament and addressed it. Social welfare was the theme of the budget. Since the green revolution was taking place, various announcements related to the agriculture sector were included in the budget. A huge sum...

Why stock market investment tips don't work in india

It is said that proper research and analysis are necessary for direct investment in stocks. However, many investors seek tips that point to stocks that can be profitable. Stock market why stock market investment tips don't work properly Although they attract recommendations to buy or sell specific stocks, they can cause problems in practice. Especially now, with the influence of social media, stock recommendations are followed by many people. Let's look at the problems in investing in stocks based on tips. Stock Guidance: It is natural to be interested in knowing stocks that can win among thousands of stocks. But finding them is difficult. That is why many people believe that investment tips will answer this. These tips do not contain investment-related guidance. New Trends: Not only stocks, but also mutual fund schemes are given tips. These are like the technology sector is the future or the pharmaceutical sector is now safe. The basics of this strategy and th...

India will be the global gold price setting body

New Delhi: India is planning to become a gold price setter, the Chamber of Commerce of India said at a gold and gemstone conference. The industry said at the event, Gold price India will emerge as a country that sets gold prices India is a global gold price s etter. Instead, it should become a gold price setter. Domestic mining will help in this. Domestic production will meet 20 percent of the country's gold demand in the next decade. Due to insufficient domestic gold production and the lack of a gold banking system, we have to depend on the London market price. In the next 2-3 years, India will emerge as the world's jewelry hub. Gold and jewelry purchases should be honest and transparent. The Indian Standards Institution plays a key role in determining the quality of gold. Similarly, the OECD and London Bullion Market Association standards can also be adopted or equivalent standards can be developed. Similarly, the ban on the export of 24-carat gold from India h...

22k jewelers

Search This Blog