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Sensex will increase by over 300 points.Nifty tops 13,000 levels for the first time with vaccine optimism

New Delhi: Tuesday’s stock index helped boost investor sentiment globally as Joe Biden’s move to the White House in the U.S. presidential election and optimism about another Covid-19 vaccine helped boost investor sentiment globally. Record high on a wide range of bases.
The NSE Nifty Index surpassed the psychologically significant 13,000 level for the first time, rising 0.74% to 13,021.05 in early trading. The BSEsensex platform was up 0.72% to 44,391.79.
All 12 Nifty sub-indexes are trading at high prices, with banks at the forefront. HDFC Bank and ICICI Bank were the top two boosts in Nifty 50.
HDFC Bank is the top gain in the Sensex pack, soaring about 1.60%, followed by Maruti, ONGC, Axis Bank, L & T, Titan, ICICI Bank and PowerGrid.
Meanwhile, Bajaj Auto, Nestle India, Infosys and Hindustan Unilever were lagging behind.
Foreign institutional investors remained net buyers in the capital markets as they bought shares worth Rs 4,738.44 on Monday, according to data from the interim exchange.
In the previous session, Sensex ended at 44,077.15, up 194.90 points or 0.44 percent, and NSE Nifty ended at 12,926.45, up 67.40 points or 0.52 percent.
The Serum Institute of India, the world’s top vaccine maker, will first focus on supplying AstraZeneca’s Covid-19 vaccine to India, Serum’s chief said Monday.
Other Asian markets were also trading at high prices on Tuesday after Biden was given the go-ahead to begin the transition to the White House.
Meanwhile, Brent crude oil futures, the world’s oil benchmark, were trading at $ 46.45 a barrel, up 0.85%.

Sensex will increase by over 300 points.Nifty tops 13,000 levels for the first time with vaccine optimism

Source link Sensex will increase by over 300 points.Nifty tops 13,000 levels for the first time with vaccine optimism

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