Sensex-Nifty: Sensex, and Nifty rise as the stock market rises, if you are thinking of investing
In the last few days, the Sensex-Nifty has been falling continuously. However, on Friday morning, it was reported that the stock market was rising again after reducing anxiety. Sensex and Nifty rise on the fourth trading day of the week.
The NSE Nifty 50 index touched 25,275 in primary trade, while the S&P BSE Sensex touched 82,637.
Both are at the top at the moment.
The Nifty has risen from the previous 11 consecutive sessions and is currently at its highest position in almost 17 years.
The Sensex rise to 82,637.03 from its previous high of 82,134.62. The Nifty also rise from 25,151.95 to a new record high of 25,258.80.
Market participants are now waiting for data on key personal consumption data in the United States, the Fed's preferred measure of inflation, on which the September stock market relies.
Investors are also waiting for data on India's April-June growth. A Reuters poll found that cuts to government spending due to national elections have reduced the likelihood of a 6.9 percent annual increase in the quarter.
Triveni Engineering & Industries, Tata Elxi, Shree Renuka Sugars, Praz Industries, Balrampur Sugar Mills, Piramal Pharma, Tata Investment Corporation, Home First Finance Company India, Varak Engineering and Finolex Cables were among the top gainers in the market.
Gujarat State Petronet, Concord Biotech, KPIT Technologies, Supreme Industries, Bikaji Foods International, and Piramal Enterprises were among the top losers.
