Mumbai: Moving on for the fifth consecutive season, Sensex Closed 936 points higher at 56,486 amid decreasing intensity of foreign money sell order. Along with IT, FMCG and financial pioneers, the Sensex has added an initial 3,650 points since its seven-month low of 52,843 on March 7.
The day’s gains came as there were reports about progress in diplomatic-level talks between Russia and Ukraine, which were touting a ceasefire for the three-and-a-half-week-old war, which has propelled the global economy into a new precarious zone, markets. has been pushed. The players said.
However, fresh covid-induced lockdown Global investors in China have been prompted to be cautious. Analysts said they were also waiting for the US Federal Reserve to make a decision on raising interest rates in the world’s largest economy.
The day’s rally came despite net selling by foreign funds. However, official data showed that the net outflow figure for the day stood at Rs 177 crore, one of the lowest single session outflow figures in recent weeks. Data from CDSL and BSE shows that foreign funds have net selling stocks worth over Rs 1 lakh crore in 2022 so far.
The day’s gains came as there were reports about progress in diplomatic-level talks between Russia and Ukraine, which were touting a ceasefire for the three-and-a-half-week-old war, which has propelled the global economy into a new precarious zone, markets. has been pushed. The players said.
However, fresh covid-induced lockdown Global investors in China have been prompted to be cautious. Analysts said they were also waiting for the US Federal Reserve to make a decision on raising interest rates in the world’s largest economy.
The day’s rally came despite net selling by foreign funds. However, official data showed that the net outflow figure for the day stood at Rs 177 crore, one of the lowest single session outflow figures in recent weeks. Data from CDSL and BSE shows that foreign funds have net selling stocks worth over Rs 1 lakh crore in 2022 so far.