Today, on the last trading day of the week, i.e. Friday, March 21, the Sensex is trading at a level of 76,900, up by about 500 points. Nifty is also up by 170 points, it is at a level of 23360. There is maximum buying in auto, realty and media stocks. Nifty Media Index has gained the most by 2.10%. Auto Index is up by 1.50% and Realty Index is up by 1.34%. Bank, Pharma and Oil & Gas Index have gained about 1%. Bajaj Finance, Nestle and NTPC are the top gainers on Sensex. They are up by about 2%.
US Markets Decline
On the global front, American markets experienced recession. On 20 March, Dow Jones 41,953 declined by 0.027%, while Nasdaq Composite fell by 0.33%, and the S&P 500 index fell by 0.22%. These declines in US markets have a slight impact on the global investor spirit.
Asian Markets: Mixed Performance
In the Asian markets, Japan’s Nikkei gained 0.37%, while Hong Kong’s Hang Seng Index dipped by 1.67%, and China’s Shanghai Composite fell by 0.68%. The divergence in performance highlights varied investor sentiments across different regions.
Foreign Investors’ Activity: FIIs Buy, DIIs Sell
On March 20, foreign institutional investors (FIIs) were pure buyers, who were buying shares worth Rs 3,239.14 crore, while domestic institutional investors (DII) were pure sellers, carrying shares worth Rs 3,136.02 crore. It continues foreign investment in the Indian stock market despite the ups and downs in global indices.
Yesterday, The Sensex Closed Up By 899 Points
On March 20, the Sensex rose 899 points (+1.19%) and closed at 76,348. The Nifty also rose 283 points (+1.24%) and closed at 23,190. All 19 sectoral indices of NSE closed in the green. IT and auto stocks rose the most. Nifty Auto rose by 1.42%. FMCG, media, realty and metal indices also rose by more than 1%. Banking index rose by 0.72%.
