{"id":10549,"date":"2020-06-16T21:36:06","date_gmt":"2020-06-16T16:06:06","guid":{"rendered":"https:\/\/www.grainmart.in\/news\/?p=10549"},"modified":"2020-06-16T21:36:08","modified_gmt":"2020-06-16T16:06:08","slug":"bse-sensex-and-nifty50-closes-in-green","status":"publish","type":"post","link":"https:\/\/www.grainmart.in\/news\/bse-sensex-and-nifty50-closes-in-green\/","title":{"rendered":"BSE Sensex and Nifty50 Closes in Green"},"content":{"rendered":"\n<p>Today\u2019s market tracks volatility with surrendering early gains to make losses and covering up the loss to close in green finally. BSE Sensex index after recovering from the drop of 400 points closed at 33605 gaining 376 points. While NSE Nifty50 nearing the 10000 levels closed at 9914 surging 100 points rebounding from 200 points loss. Finance, Banks, IT and Metal sectors saw buying with Telecom, Power and FMCG units witnessing high selling.<\/p>\n\n\n\n<p>The border tension with China resulted in a volatile market with concerns brewing up. Also, the announcement by the <a href=\"https:\/\/www.federalreserve.gov\/\">US Federal Reserve<\/a> to induce liquidity in the economy supported the global markets. Analysts advise being cautious in the volatile market for the time being. Domestic investors are still hoping for continued relief in liquidity, supporting the market amid the rising border tensions and Coronavirus cases. Rupee loses momentum and crosses the 76.00 level to settle low at 76.12 depreciating 14 paise. <\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Top Gainers: S&amp;P BSE Sensex and Nifty<\/strong>50<\/h4>\n\n\n\n<p>In the BSE market, <a href=\"https:\/\/www.pearlpet.net\/\">Pearl Polymers<\/a> rose the highest by 20%. Other gainers include Zuari Global, Dhanlaxmi Bank and Swan Energy increasing by 19.96%, 19.95% and 17.90% respectively. In the NSE market, Dev Information surged the most by 20%. Following that were Zensar tech, Morepen Laboratories and Hathway Cables gaining 19.85%, 19.82% and 17.22% respectively.<\/p>\n\n\n\n<p>On BSE Sensex index, HDFC Bank gained the most by 4.16%. Followed by ICICI Bank, Infosys and Titan Company rising by 3.60%, 1.99% and 1.04% respectively. On NSE Nifty50 index, HDFC was at the top by 4.01%. Further, other gainers in the list include JSW Steel, Hindalco and Kotak Mahindra gaining by 3.43%, 2.95% and 2.23% respectively.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Losers: S&amp;P BSE Sensex and Nifty<\/strong>50<\/h4>\n\n\n\n<p>In the BSE market, Mysore Petro dropped the most by 10.83%. Following that, Anisha Impex, Ramky Infra and IWML decreased by 10.10%, 9.44% and 9.10% respectively. While in the NSE market, Worth Peripherals lost the highest by 13.49%. Other losers include Airo Lam, Lakshmi Finance and Vinyl Chemicals losing 11.90%, 9.02% and 7.87% respectively.<\/p>\n\n\n\n<p>On BSE Sensex index, <a href=\"https:\/\/www.techmahindra.com\/\">Tech Mahindra<\/a> was worst hit by 2.75%. Other losers include Axis Bank, ITC and SBI dipping by 2.03%, 1.20% and 0.69% respectively. On NSE Nifty50 index, Tata Motors slumped the most by 5.72%. Subsequently, Bharti Infratel, GAIL and IndusInd Bank lost 3.10%, 2.16% and 1.78% respectively.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>FII and DII<\/strong><\/h4>\n\n\n\n<p>Foreign Institutional Investors took out a total of INR 1478.52 crores from the domestic equity market following <a href=\"https:\/\/www.grainmart.in\/news\/nse-nifty50-and-bse-sensex-continues-losses\/\">continuous losses<\/a>. Foreign investors bought stocks of value INR 4608.09 crores and sold-off a total of INR 6086.61 crores during the session making a negative impact.<\/p>\n\n\n\n<p>Domestic Institutional Investors invested an amount of INR 1161.51 crores in the equity market with positivity and hopes for a quick recovery to high levels. Local investors bought stocks of value INR 4742.48 crores and sold-off stocks of value INR 3580.97 crores marking positivity and uplifting the economy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BSE Sensex closed at 33605 surging by 376 points  while Nifty50 rose by 100 points to close at 9914 nearing the 10000 level. <\/p>\n","protected":false},"author":514,"featured_media":10004,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15549],"tags":[17393,3985,11206,12959,19994,19993,16993,19694,3833,16992,16880,16988,19995,9347,5191,16626,5192,9713,1705,19996,1701,19270,1508,19992,19997,11479,3113,78,19568,12243,15943,15558,19740],"class_list":["post-10549","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-bharti-infratel","tag-bse","tag-bse-sensex","tag-coronavirus-cases","tag-dev-information","tag-dhanlaxmi-bank","tag-domestic-institutional-investors","tag-domestic-investors","tag-fmcg-sector","tag-foreign-institutional-investors","tag-foreign-investors","tag-gail","tag-hathway-cables","tag-hdfc","tag-hdfc-bank","tag-hindalco","tag-icici-bank","tag-infosys","tag-itc","tag-iwml","tag-kotak-mahindra","tag-nifty50","tag-nse","tag-pearl-polymers","tag-ramky-infra","tag-rupee","tag-sbi","tag-sensex","tag-swan-energy","tag-tata-motors","tag-tech-mahindra","tag-titan-company","tag-us-federal-reserve"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - 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