Stock market; The bullish wave and the advance of the index
The Sensex and Nifty have rallied in the last two sessions. The Sensex had crossed the 36,000 mark on Thursday. The Nifty managed to cross the 10550 mark. Stock market analysts are skeptical that the rally will continue in the last session of the week.
MUMBAI: Despite the rise of the Corona, job creation in the US has been on a large scale. The US economy, fed up with the recession and the corona virus, is slowly recovering. As a result, US stock markets hit a new high on Thursday. Apart from that, as the economic situation of other major countries improved, a positive atmosphere prevailed globally. Most markets in Europe closed sharply.
Considering the local market, the Nifty is currently bullish. It has support at 10,410 points, but if it falls, it will be limited to 10,194 points, said Deepak Jasani, stock market analyst at HDFC Securities.
Opposition to Chinese goods continues in India against the backdrop of tensions between India and China over the Ladakh border. As public sentiment grows, the central government, government enterprises and various ministries have begun to lash out at China's industrial and trade policy. After Union Transport Minister Nitin Gadkari, now Food and Civil Supplies Minister Ram Vilas Paswan has also decided to teach China a lesson. Chinese companies will then be banned from major national highway projects in the country. Union Transport Minister Nitin Gadkari has made this announcement. Gadkari has said that Chinese companies will be banned from highway projects in India.
Gold glitter; Gold crosses 50,000 mark
The rally in the domestic stock market continued on Thursday. After the start of trading in the morning, there was a buying mood in the market throughout the day. So when the market closed, it closed with growth. The BSE benchmark Sensex gained 429.25 points to close at 35,843.70 points. The wide-based National Stock Exchange index Nifty rose by 121.65 points to close at 10,551.70. During the session, the Sensex had gained more than 600 points to 36,014. Meanwhile, the Nifty also touched the 10,500 level.
Relief from the central government; The low savings interest rates were like
Consumer stocks rose the most by 552 points on the Bombay Stock Exchange on Thursday. Apart from this, stocks in the automotive and information technology sectors also closed higher. All sectors on the BSE benefited from the rally on Thursday. All sectors except banking closed at the top level. In banking, Axis Bank was the biggest loser (2.24 per cent). Shares of Bandhan Bank closed up 6.20 per cent.

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