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Stock Market: The big Asian stock markets continue to show strong trends. These include the Shanghai Composite in China, the Kospi in South Korea, the Nikkei 225 in Japan, and the Hang Seng in Hong Kong are all trading higher. On Monday, the markets in Europe were closed. But the US markets didn't lose their optimism.
Stock Market: On Tuesday, October 1, 2024, early activity on the domestic stock market saw gains, owing to the upward trend of Asian markets. The most sensitive indicator of the Bombay Stock Exchange (BSE), the Sensex, increased 348.1 points to 84,647.88 points as soon as trading began. The National Stock Exchange (NSE) Nifty also began trading at the same moment, rising 96.75 points to 25,907.60 points. The Sensex finished at 84,299.78 points on Monday, September 30, 2024, marking a dramatic drop of 1272.07 points, or 1.49%. Simultaneously, the National Stock Exchange's (NSE) Nifty had a decline of 368.10, or 1.41%, landing at 25,810.85.
Tech Mahindra on the BSE has the biggest profit.
About 17 stocks out of the 30 businesses listed in the BSE Sensex are trading profitably in the early going of the local stock market. Out of all of these, Tech Mahindra's stock is thought to be the most profitable. By ten in the morning, its shares are up 3.42% to trade at Rs 1629.95 a share. In addition, shares of Bajaj Auto and Infosys
Tuesday's early trading saw Sensex rise 348 points on the stock market.https://t.co/MetI97MXH3 pic.twitter.com/XWrPan9RQp
The following companies are also doing well: Finserv, Bajaj Finance, Mahindra & Mahindra, State Bank of India, Larsen & Toubro, Bharti Airtel, Tata Motors, Adani Ports, and National Thermal Power Corporation. Asian Paints, Titan, JSW Steel, Tata Steel, Sun Pharma, Hindustan Unilever, Maruti Suzuki India, and IndusInd Bank are among the 13 businesses whose shares appear soft.
Asian markets are seeing a positive trend.
There is still a favorable trend in the major Asian stock markets. These include the Shanghai Composite in China, the Kospi in South Korea, the Nikkei 225 in Japan, and the Hang Seng in Hong Kong are all trading higher. On Monday, the markets in Europe were closed. But US markets continued to be optimistic. The price of an ounce of gold has increased by 0.15% on the global market to $2,639.57. The closing price of a barrel of oil on the world market was $71.85, up 0.20%.
Read this also:- 5 Actionable Tips for Successful Share Market Trading on 18 July 2024
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