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Stock Market: Market is under pressure today, bet carefully or else there may be loss, these stocks will be watched

Highlights

In the previous session too, the Sensex had climbed 375 points to close at 61,121.
Nifty closed at 18,145 with a gain of 133 points.
Foreign institutional investors bought shares worth Rs 2,609.94 crore.

New Delhi. The Indian stock market is seen under the pressure of the global market on Wednesday and investors can go towards selling today. Earlier, in three consecutive trading sessions, the Sensex gained about 1,400 points and also crossed the 61 thousand mark, but today if there is a sell-off under pressure, then the Sensex can go back down to 61 thousand.

In the last trading session too, the Sensex closed 375 points higher at 61,121, while the Nifty closed 133 points higher at 18,145. Experts say that in today’s business, the sentiment of investors will be affected by the fall in the global market and they can go towards selling and profit-booking from the beginning. Due to this, the market will also lose the continuation of the ongoing gains from three trading sessions.

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US and European markets
Investors in the US are now looking very cautious ahead of the Federal Reserve meeting and profit-booking for two consecutive sessions is showing a decline. In the last trading session too, the NASDAQ, which is included in the major US stock markets, declined 0.89 percent. Even before this, the market had to face a fall of more than 2 percent.

Unlike the US, the European markets showed strong gains during the last trading session and all major stock markets closed on the green mark. Germany’s stock exchange, which is included in Europe’s major markets, closed 0.64 percent higher during the last trading session, while the French stock market managed to gain 0.98 percent. The London Stock Exchange also saw a big gain of 1.29 per cent in the previous session.

Asian market on red mark
Most of the stock markets of Asia opened on the decline this morning and are trading on the red mark. On the Singapore Stock Exchange, a fall of 0.17 percent is seen this morning, while Japan’s Nikkei is trading at a fall of 0.10 percent. Taiwan’s stock market also saw a loss of 0.12 per cent, but South Korea’s Cospi Exchange is up 0.40 per cent.

Bet on these stocks today
Despite the pressure on the market, today there are many such stocks which can make you earn. Experts say that these stocks are kept in the category of high delivery percentage and today this category will have shares of companies like ITC, Axis Bank, Biocon, HDFC Bank and Britannia Industries, where investors can earn big profits by placing bets.

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large investment by foreign investors
The confidence of foreign investors in the Indian capital market is increasing once again and they have invested about 7 thousand crore rupees in the first two days of November. In the last trading session too, foreign institutional investors bought shares worth Rs 2,609.94 crore, while domestic institutional investors sold shares worth Rs 730.14 crore during the same period.

Tags: BSE Sensex, Business news in hindi, Nifty50, Share market, stock market today

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