Wednesday 29th of June 2022

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Strong trend in stock market, Sensex jumps up to 644 points

(Fast Mail News) -On Friday, the last trading day of the current week, there is an atmosphere of strong volatility in the Indian stock market in early trading. Sometimes the bulls seem to dominate the market, and sometimes the bears become dominant. Although the market is showing steady strength in the business so far, but due to the continuous buying and selling, the situation of volatility remains.

In the early one-hour trade, the shares of IndusInd Bank, Hero MotoCorp, Eicher Motors, Britannia Industries and Tata Steel remained bullish, while Asian Paints, Infosys, NTPC and Tech Mahindra were trading with a fall. seem to be doing. In the initial business, Reliance Industries has so far made the highest deal of Rs 435.58 crore, while Maruti Suzuki has also bought and sold Rs 339 crore so far.

The Bombay Stock Exchange (BSE) Sensex opened with a gain of 388.52 points at 52,654.24 points today. As soon as the trading started, there was a sharp buying trend in the market, due to which the Sensex jumped 644.15 points to the level of 52,909.87 in the first 5 minutes of trading. However, after this rally, selling started in the market for profit-booking.

Sensex started falling sharply due to selling pressure. In the next 20 minutes of trading, this index fell to the level of 52,647.85 points. After this fall, the buyers once again pressed on, due to which the market showed a bullish trend in the next half-hour of trading. But after that the selling started once again and the Sensex started falling again. The Sensex was trading at a level of 52,689.65 with a gain of 423.93 points at 10:15 am after the initial 1 hour of trading amid continuous buying and selling.

Like the Sensex, the Nifty of the National Stock Exchange (NSE) also started trading today with a gain of 100.75 points from the level of 15,657.40 points. As soon as the market opened, the Nifty jumped 192.60 points to reach the level of 15,749.25 points with the support of early buying. But after that sharp selling started in the market, due to which the index fell to the level of 15,680.25 points.

After this fall, once again the buyers took the lead and after buying sharply, the Nifty again reached the level of 15,724.05 points. At this level, once again the selling started in the market, the Nifty again became a declining trend. The Nifty was trading at a level of 15,688.65 points with a strength of 132 points at 10:15 am after trading for the first 1 hour amid continuous buying and selling.

Amid mixed global cues today, the stock market started mixed trading in the pre-opening session. In this session, the BSE Sensex was up 293.82 points, or 0.56 percent, at the level of 52,559.54 points. On the other hand, Nifty had reached the level of 15,544.30 with a weakness of 12.40 points, or 0.08 percent, in the pre-opening session.

Prior to this, on the last trading day i.e. on Thursday, the Sensex had gained 443.19 points or 0.86 percent to close at the level of 52,265.72 points. On the other hand, Nifty ended Thursday's trading at 15,556.65 with a gain of 143.35 points, or 0.93 percent.

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