The stock market was bullish today, i.e. Friday, 2 May, on the last trading day of the week. The Sensex closed at 80,502, up 260 points. Nifty also rose by 12 points, closing at 24,347. Out of 30 Sensex stocks, 17 closed higher. Adani Ports stock was up 4.11%, Bajaj Finance up 2.70%, SBI up 1.51%. IndusInd Bank, Tata Motors, ITC, Tata Steel and Maruti Suzuki closed up 1%. Nestle India, NTPC and Kotak Bank stocks fell by more than 1%. 32 out of 50 Nifty stocks declined. Among NSE’s sectoral indices, metals, realty and consumer durables saw the biggest decline. Whereas, IT, media and banking stocks saw a slight rise.
Mixed business in global market due to rise in market Yesterday these companies had released the fourth quarter results, today also see the movement of their shares… Priority Jewels filed draft for IPO Mumbai-based jewelery manufacturer Priority Jewels has filed a draft (DRHP) with stock market regulator SEBI for IPO. However, Priority Jewels has not yet given information about how much amount this IPO will be brought to raise. However, the draft revealed that this issue will be a completely new issue of 54,00,000 equity shares priced at Rs 10 per share. There was a decline in the market on Wednesday On the previous trading day i.e. Wednesday, 30 April, there was a slight decline in the stock market. Sensex closed 46 points down at 80,242. Nifty also fell by 2 points, it closed at 24,334. Out of 30 Sensex stocks, 18 declined. Today, financial and banking stocks saw a bigger decline. Shares of Bajaj Finserv and Bajaj Finance have fallen by more than 5%.
