Share Market: Greenery in the stock market on the last day of the week, Sensex rose by 505 points; HUL’s stock created a stir

Share Market Highlights: In the last trading session of the week i.e. today, Friday, April 17, the Indian stock market closed in the green. BSE Sensex closed at 78,493.54, up 504.86 points or 0.65 per cent. At the same time, NSE Nifty closed at 24,353.55 points, up 156.80 points or 0.65 percent. Out of the top 30 Sensex companies, 24 were seen in green Nishant. At the same time, six were seen trading in the red. In which Hindustan Unilever was the top performer. Apart from this, rise was seen in Power Grid, Reliance, Bharatiya Electronics Limited.

The reason for the return of greenery in the domestic stock market is being attributed to the positive signals received from the global markets. Amid hopes that the US-Iran war may end soon, the domestic market showed a rise after opening with minor losses and also ended the day in the green.

Nifty Smallcap up 1.48%

At the time of market closing, the 30-share Sensex was at 78,493.54 with a gain of 504.86 points (0.65 percent), while the Nifty was seen trading at 24,353.55, up 156.80 points or 0.65 percent. In Friday’s trading, Sensex opened at 77,976.13 and made an intra-day high of 78,553.45, while Nifty opened at 24,165.90 and touched a high of 24,371.90. Broader markets recorded more gains than major benchmarks. Nifty Midcap 100 index recorded a gain of 1.27 percent and Nifty Smallcap 100 index recorded a gain of 1.48 percent.

How was the condition of the sectoral index?

At the same time, if we talk sector wise, except Nifty IT, which registered a slight decline of 0.02 percent, all the indices were seen trading in the green. Maximum increase was recorded in Nifty FMCG by 2.65 percent, Nifty Media by 1.34 percent, Nifty Metal by 1.10 percent, Nifty Realty by 0.94 percent. Apart from this, a rise of 0.78 percent was seen in Nifty Private Bank, 0.74 percent in Nifty PSU Bank and 0.61 percent in Nifty Financial Services.

In Nifty 50, shares of HUL, JSW Steel, Nestle India, Apollo Hospitals Enterprise, Power Grid, Max Health and Adani Ports were the biggest gainers. While the biggest decline was seen in the shares of Wipro, HDFC Life, Sun Pharma, Bajaj-Auto, M&M, HCL Tech, L&T and SBI Life.

Also read: Gautam Adani’s big leap, the crown of Asia’s richest person may slip from Mukesh Ambani’s hands; See latest figures

Expert opinion on stock market

Experts say investors will now head into the weekend America and Iran We are closely monitoring the upcoming discussions between India and India, which are expected to provide further direction to global and domestic markets. A market expert said that after the recent volatility, the market seems to be entering a more stable stage, which is being supported by reduction in geopolitical risks, reduced volatility and regional shift to defensive sectors.