The stock market opened sharply on Wednesday i.e. Wednesday. Bombay Stock Exchange’s 30-share sensitive index Sensex gained 72.45 points today 34,029.14 If opened at the level of the Nifty, today the day’s trading started at the level of 10072. Sensex up 130.16 points in early trade Nifty was at the level of 34,086.85 At the level of 10,099.30.
Let us tell you that there was mixed trend in US markets on Tuesday. On Tuesday, the fast for the last 6 days in Dow Jones came to an end and it slipped 300 points. On the other hand, Nasdaq crossed 10,000 for the first time.
Hero MotoCorp gains Rs 613 crore in Q4
Hero MotoCorp, the country’s largest two-wheeler company, reported a net profit of Rs 613.81 crore in the fourth quarter of FY 2019-20. This is 26.46 percent lower than the net profit of Rs 776.23 crore in the January-March quarter of the previous financial year 2018-19. According to the information given to the stock market, the operating income of the company during the review period was Rs 6,333.89 crore. It was Rs 8,120.73 crore in the fourth quarter of the previous financial year 2018-19. During this period, the company sold a total of 13.23 lakh vehicles.
Sensex and Nifty moves like this on Tuesday
The BSE Sensex dipped 414 points on Tuesday, with the decline in HDFC Bank, Reliance Industries and ICICI Bank, which have strong intervention in the stock market. The decline came amid concerns among investors about rising cases of corona virus. The 30-share Sensex opened higher. However, it declined in later trade and finally ended with a loss of 413.89 points, or 1.20 percent, at 33,956.69. Similarly, the National Stock Exchange’s Nifty closed down 120.80 points, or 1.19 percent, at 10,046.65 points.