Diabytes
Stock market close News
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Analysts now predict that the upward trend in the key Indian stock market indexes will last through this following week, beginning on Tuesday.
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The currency, debt, and equity markets are also closed and will reopen on Tuesday, March 26.
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Indian stock market will be closed today (March 7) on the occasion of Holi 2023.
Hence, no trading activity will be happened in the stock exchange of BSE Sensex and NSE Nifty.
There are overall 15 holidays for trading mentioned on the official website of bseindia.com.
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The BSE Sensex tanked 536.58 points or 1.46 percent to close at 36,305.02.
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Healthy buying activity was witnessed in banking, auto and IT stocks.
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Markets clawed back lost ground on Friday, with the Nifty soaring to a record close, as investors returned to buying mode after a steep two-day sell-off.
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The BSE Sensex rose 112.18 points to end at new peak of 37,606.58.
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The Rupee slipped by 23 paise to stand at 68.97 per dollar.
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The BSE Sensex slipped 11.71 points to close at 34,415.58 while the Nse Nifty was down 1.25 points to 10,564.05.
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Investor sentiment was optimistic ahead of quarterly earnings of some key companies, including TCS.
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This was the longest winning run for markets since September 2014.
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Major gainers were Adani Port, Yes Bank, Tata steel, Tata Motors, Bharti Airtel, Wipro, TCS, Maruti, Axis Bank, ITC, Sun Pharma and Dr Reddy rising up to 0.97 percent.
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The BSE Sensex rose 89.63 points to end at 34,395.06 while the NSE Nifty was up 20.35 points at 10,548.70.
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NSE Nifty closed 50.75 points or 0.49 percent down at 10,360.15.
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Stocks of banking, capital goods, auto, consumer durables, oil and gas, and metals witnessed a huge sell-off.
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Investors remained on the sidelines ahead of the Budget to be presented tomorrow.
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The benchmark Sensex ended 0.31 percent lower at 36,050.44, but gained 1.52 percent this week.
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Sustained FII inflows and fresh spell of buying by domestic institutional investors kept the momentum going for Indian shares.
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World stock markets hovered close to all-time highs as the best start to a year in eight years showed little sign of running out of steam.
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In the intra-day trading, Nifty reached a new high of 10,562.
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