Due to the impact of global trade and selling, the last trading day of the week was volatile for the Indian stock market. Sensex and Nifty closed with a gain after more than 250 points in early trading on Friday. At the end of the trading, the Sensex rose by 86 points, at 39,161.6, while the Nifty touched the day's high of 11,870 points with 26.90 points. During the trading, the Sensex reached the highest level of 39703, while the same was 39, 279, at the lower level.
At the end of the business, Yes Bank's shares closed with 2.34 per cent loss. Likewise, the share of power grids fell by nearly 2 percent. On the other hand, SunPharma, Coal India, Reliance, NTPC's share declined more than 1%. In addition, shares of Bajaj Auto, NTPC, Tata Steel, ONGC, Axis Bank and Maruti were closed on the red mark.
If we talk of the increased share, IndusInd Bank recorded an increase of 1.90 percent. Shares of Bajaj Finance were up 1.69% and Mahindra & Mahindra shares closed 1.49% higher. Apart from this, shares of SBI, ICICI Bank, HDFC Bank and Vedanta also remained on green mark. Meanwhile, the beginning of the rupee coincided with the rise. Rupee strengthened by 8 paise to 69.27 against dollar At the same time, the rupee fell 1 paise to close at 69.27 against the dollar on Thursday, the previous trading day.
Let's say that on Thursday Sensex dropped 554 points, or 1.38 percent, to close at 39, 530 level. This is the biggest drop in domestic share markets this year. Earlier on April 22, the Sense had dipped 495.10 points. On the National Stock Exchange, the Nifty closed 178 points, i.e. 1.48 percent, at 11,843 points.
On April 22, the Nifty was broken 158.35 points. In fact, in the monetary review meeting of the Reserve Bank on Thursday, several decisions were taken for the relief of the customers but the pressure on the banking sector was taken. This is the reason why the sale was sold. Apart from this, the sector was also affected due to concerns of non-banking financial companies (NBFCs).
