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Market picks up before RBI Governor’s Speech, Sensex rises by nearly 150 points


Market picks up before RBI Governor's Speech, Sensex rises by nearly 150 points 1

New Delhi. RBI Governor is scheduled to give a speech at 10 am today, which may announce Kovid’s second leg, lockdown and reliefs. Before that, there is an atmosphere of rapid growth in the stock market. Today, the index of 150 points is being seen in the Sensex. However, in the pre-opening session, this boom was seen by more than 300 points. While the Nifty 50 is holding itself at 14550 points. Let us tell you that loan moratorium is being demanded from RBI. At the same time, the RBI is already placing emphasis on increasing liquidity. While the worry of inflation is already haunting the government.

Also read: RBI Governor Shaktikanta Das will address the country, many kinds of reliefs can be announced

Market boom environment
Today, there is a boom in the stock market. RBI Governor’s speech is also going to start shortly. Prior to this, the Sensex, the main index of the Bombay Stock Exchange, is trading at 48399.46 points with a gain of 145.95 points. While the National Stock Exchange’s major index Nifty 50 is trading at 14,552.80 points with a gain of 56.30 points. BSE Small Cap 154.01, BSE Mid-cap 138.67 and CNX Midcap 164.70 points are seen.

Also read: New guidelines regarding corona test released, know what instructions issued by ICMR

Boom in sectoral index
Banking, metal and oil sectors are seeing growth. Bank Exchange 278.26 and Bank Nifty are seen to be trading with a gain of 249.10 points. BSE Metal is trading with a gain of 217.10 and Oil and Gas by 253.87 points. Consumer durables 292.98, Capital Goods 134.17, BSE IT 119.99, BSE PSU 94.94, BSE FMCG 49.68, BSE Auto 29.58, BSE Healthcare 36.83 and Tech 55.96 points are trading at a rapid pace.

Also read: Petrol Diesel Price Today: Inflation starts as soon as election results come, Petrol and Diesel price hike for second consecutive day

Rising and falling shares
Talking about the first rising shares, UPL 2.96 per cent, SBI Life Insurance Company 2.72 per cent, ONGC 2.33 per cent, Grasim Industries 1.90 per cent and Bharat Petroleum Corporation are gaining 1.71 per cent. Adani Ports and SEZs, on the other hand, are trading at a loss of 2.57 per cent, Housing Development Finance Corporation 0.35 per cent, Hindustan Unilever 0.21 per cent, Mahindra & Mahindra 0.13 per cent and Nestle India 0.13 per cent.


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