Mahayuti government in Maharashtra changed the trend of stock market, tremendous rise in Sensex

Mumbai : After the results of Maharashtra Assembly elections are out, a change is being seen in the trend of the stock market today. The direct impact of Mahayuti's spectacular victory is visible on the domestic market as well. There is enthusiasm among investors when the market opens on Monday. Today there have been signs of a bounce in the pre-opening session. Not only this, the rupee is also seeing a rise in the currency exchange market against the US dollar.

In early trading on Monday, BSE Sensex has gained 1,289.89 points and with this gain the index has reached the level of 80,407 points. Besides, NSE's Nifty has also seen a strong rise of 405.25 points in the pre-opening session and with this rise it has reached 24,312.50 points.

Condition of Sensex companies

Out of 30 Sensex companies, shares of 28 companies can be seen opening on the green mark. Shares of companies like SBI, ICICI Bank, Bajaj Finance, L&T, M&M and Reliance Industries are seeing gains in today's trading. However, shares of Infosys and JSW Steel have declined today.

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Rupee increased by 6 paise

In the interbank foreign exchange market, the rupee opened at 84.38 per dollar and then rose to 84.35 per dollar, showing an increase of 6 paise over the previous closing price. The rupee had closed at 84.41 against the US dollar on Friday. Forex traders have informed that due to the highest level of the dollar index and the increase in the Russia-Ukraine conflict, the prices of crude oil have increased by about 5 percent last week.

sell shares at this price

Meanwhile, the dollar index, which gauges the US dollar's position against six major currencies, was down 0.58 per cent at 106.93. International standard Brent crude fell 0.21 percent to $ 75.01 per barrel. According to stock market data, foreign institutional investors (FIIs) were sellers on Friday and sold shares worth a net Rs 1,278.37 crore.