The national stock market, which has been constantly cold, started in the green on Friday, the last day of the week. The benchmark Sensex index of the Bombay Stock Exchange was trading at the level of 77725.72 with an increase of 569.93 points at 9:33 am. Similarly, Nifty of the National Stock Exchange was also trading at the level of 23,523.65 with a gain of 173.75 points. The last trading day of the week is indicative of the changes that occur in the market throughout the week.
Biggest winner and biggest loser
Except energy and metal, all other sectoral indices are trading in the green. In this, there is 1-1 per cent growth in PSU Bank, IT, Realty. Apollo Hospitals, ICICI Bank, SBI, Power Grid Corp and HDFC Life were among the biggest gainers on the Nifty, while Adani Ports, Adani Enterprises, M&M, Axis Bank and Hero MotoCorp declined.
Asian stock markets rise
According to Bloomberg, Asian stock markets remained bullish on Friday. Semiconductor companies, in particular, rose as investors shrugged off initial concerns about Nvidia Corp.’s revenue prospects. Apart from this, gold also rose. Shares in Australia, Japan and South Korea rose, while those in Hong Kong and China fell, as an index of U.S.-listed Chinese stocks fell 1% on Thursday. The MSCI Asia Pacific Index rose as much as 0.7%.
rising oil prices
Oil prices rose on Friday after Russia announced it had fired ballistic missiles at Ukraine and warned of a broader conflict. Brent crude futures rose 14 cents, or 0.2%, to $74.37 a barrel by 0007 GMT. US. West Texas Intermediate crude futures rose 17 cents, or 0.2%, to $70.27 a barrel. Russian President Vladimir Putin said Thursday that Ukraine’s war is turning into a global conflict after the United States and Britain gave Ukraine permission to attack Russia with its weapons.
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