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Stock Market: Today the market will make gains even under pressure, Sensex will cross 60 thousand! Where to bet investors

Highlights

The Sensex rose by 213 points to reach 59,757 in the previous session as well.
Nifty closed at the level of 17,737 with a gain of 81 points.
Foreign institutional investors bought 2,818.40 crore shares in the Indian market.

New Delhi. The Indian stock market seems to be in the mood to make gains for the second consecutive day on Friday. The positive signals coming from the global market will also affect the sentiment of domestic investors today and they can insist on buying from the beginning. If the market rises even today, then the Sensex can cross 60 thousand.

The Sensex had gained 213 points to reach 59,757 in the previous session as well, while the Nifty closed at 17,737 with a gain of 81 points. Experts say that the market can make gains even in today’s business. There was a fall in the US stock market in the last session, but its effect has not shown much on other markets. Therefore, today the Indian domestic market is also fully expected to rise and the Sensex will once again cross the psychological figure of 60 thousand.

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US market condition
During the last trading session in the US, again there was a big sell-off and investors made huge profits. During this, there was some weakness in the dollar too, due to which investors were under pressure. On the NASDAQ, which is included in the major US stock markets, there was a fall of 1.63 percent in the last trading session.

European markets rally
Unlike America, most of the stock markets in Europe have seen a rise during the last trading session. Germany’s stock exchange, which is included in Europe’s major markets, closed with a gain of 0.12 percent in the last trading session, while the French stock market was down by 0.51 percent. However, the London Stock Exchange has also seen a gain of 0.25% in the previous session.

Asian markets mixed trend
Many markets in Asia are open today and are trading in the green mark, while some are showing a decline. Singapore’s stock exchange was trading at a gain of 0.33 percent, while Japan’s Nikkei was at a loss of 0.35. Hong Kong’s stock market is down 0.66 percent and Taiwan’s stock exchange is down 0.41 percent. South Korea’s market is also trading today at a loss of 0.06 percent and China’s Shanghai Composite 0.52 percent.

Bet here today investors
Even in the midst of pressure in the market today, investors have an opportunity to earn. Experts say that in today’s business there are many such stocks on which one can bet. These stocks have been kept in the category of high delivery percentage. Today, stocks with high delivery percentage include stocks of companies like HDFC Bank, Marico, ITC, HDFC Life Insurance Company and Petronet LNG.

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Foreign investors bought
After Diwali, foreign investors finally started buying again. In the last trading session, foreign institutional investors bought shares worth Rs 2,818.40 crore in the Indian market. However, during the same period, domestic institutional investors sold shares worth Rs 1,580.10 crore.

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

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