The domestic stock markets started with the splendid growth of the last session of the month. This edge brought the market to the new peak. The decline in crude oil prices has made the market fancy. It is expected that there will be huge foreign investment in the second term of the Modi Government.
Global cues also saw strongness. Market eyes are now at the country's growth rate in the March quarter. There was also a slight increase in the rupee. Rupee gained 14 paise to 69.7 level against dollar.
At 9.30 in the morning, the BSE Sensex was recorded at 28,08, or 0.72 percent, at 40,119 levels. At the same time, the Nifty 50 Index also saw an increase of 80 points or 0.67 per cent, while trading at 12,026.
On Thursday, the American stock markets witnessed a slight increase. Dawn Jones made a jump of 0.17 percent, while the S & P 500 index registered an increase of 0.21 percent. Nasdaq composites ended the session with 0.27 per cent increase.
BSE Smallcaps Index increased by one fourth and mid-cap index by half a percent. Only Power, Basic Material and Realty Index on BSE were trading in the red mark. Tech, IT and Oil and Gas Index jumped more than one per cent.
Only four stocks in the BSE Sensex have a weakness. NTPC shares fell 0.55 percent to Rs 134. YES Bank's stock fell 0.49 percent to Rs 153.80 Tata Motors and Reliance Industries rolled 0.20 percent and 0.03 percent, respectively.
On the other hand, shares of Asian Paints increased by 3.03% to Rs 1,415. Coal India's share reached an increase of 2.06 per cent to Rs 258.10. ONGC, Tata Consultancy Services and Larsen & Toubro saw 1.66%, 161% and 1.17% respectively.
On Thursday, Foreign Portfolio Investors (FPI) made good purchases in the domestic market. During the last session, he bought net shares worth Rs 1664.74 crore. However, the domestic institutional investors (DII) net shares of 1122.6 million rupees were sold.
Even today, select companies will announce the results of their March quarter. These include Orchid Pharma, MVL, Bombay Potteries and Tiles, Anchor Software, Lakhotiya Polyesters, Lakshmi Overseas Industries, Nakoda and United Textiles.
Global cues also saw strongness. Market eyes are now at the country's growth rate in the March quarter. There was also a slight increase in the rupee. Rupee gained 14 paise to 69.7 level against dollar.
At 9.30 in the morning, the BSE Sensex was recorded at 28,08, or 0.72 percent, at 40,119 levels. At the same time, the Nifty 50 Index also saw an increase of 80 points or 0.67 per cent, while trading at 12,026.
On Thursday, the American stock markets witnessed a slight increase. Dawn Jones made a jump of 0.17 percent, while the S & P 500 index registered an increase of 0.21 percent. Nasdaq composites ended the session with 0.27 per cent increase.
BSE Smallcaps Index increased by one fourth and mid-cap index by half a percent. Only Power, Basic Material and Realty Index on BSE were trading in the red mark. Tech, IT and Oil and Gas Index jumped more than one per cent.
Only four stocks in the BSE Sensex have a weakness. NTPC shares fell 0.55 percent to Rs 134. YES Bank's stock fell 0.49 percent to Rs 153.80 Tata Motors and Reliance Industries rolled 0.20 percent and 0.03 percent, respectively.
On the other hand, shares of Asian Paints increased by 3.03% to Rs 1,415. Coal India's share reached an increase of 2.06 per cent to Rs 258.10. ONGC, Tata Consultancy Services and Larsen & Toubro saw 1.66%, 161% and 1.17% respectively.
On Thursday, Foreign Portfolio Investors (FPI) made good purchases in the domestic market. During the last session, he bought net shares worth Rs 1664.74 crore. However, the domestic institutional investors (DII) net shares of 1122.6 million rupees were sold.
Even today, select companies will announce the results of their March quarter. These include Orchid Pharma, MVL, Bombay Potteries and Tiles, Anchor Software, Lakhotiya Polyesters, Lakshmi Overseas Industries, Nakoda and United Textiles.
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