Closing bell: Sensex climbs 100 point, Nifty settles at 22,055

Mar18,2024



New Delhi: Equity benchmark indices registered marginal gains on Monday. Whereas Sensex rose by more than 100 points to reach 72,748.42. nifty closed at 22,055.70
Sensex and Nifty face to face instability In early trading on Monday.
In the Sensex pack, Mahindra & Mahindra, Tata Steel, JSW Steel, Axis Bank, Tata Motors and HCL Technologies were among the gainers while Asian Paints, Power Grid, Titan and Maruti were among the losers.
Asian markets traded sharply in Seoul, Tokyo, Shanghai and Hong Kong. American markets closed with a decline on Friday.
Foreign institutional investors bought equities Its price on Friday was Rs 848.56 crore.
market Volatility is expected to increase with US Federal ReserveFocus on upcoming decisions and Lok Sabha ElectionsAccording to Prashant Tapse, Senior VP (Research), Mehta Equities Ltd.
Bear This could take over after Wall Street's weak lead, potentially increasing volatility in the Nifty as bullish traders anticipate an imminent Fed rate cut.
crude oil It increased to $ 85.65 per barrel. On Friday, the BSE benchmark fell 453.85 points to 72,643.43 and the Nifty fell 123.30 points to 22,023.35.



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