Satdal Bagchi 
Today, on the second trading day of the week i.e. Tuesday, the domestic stock market returned to awe and it opened on the green mark. The Bombay Stock Exchange’s flagship index Sensex gained 359.64 points (0.74 per cent) to open at 48,923.91. At the same time, the National Stock Exchange’s Nifty opened with a gain of 100.10 points, or 0.70 per cent, at 14,381.40. Today the stock market continues to fluctuate.
999 shares rose
Today 999 shares gained and 232 shares declined. There was no change in 28 stocks. Investors are worried about investment before the Union Budget because according to most market analysts, this time budget will not be as expected due to Corona, due to which the market continues to fluctuate. Hence investors should be cautious. Last week, the 30-share BSE Sensex gained 252.16 points or 0.51 per cent. The National Stock Exchange’s Nifty climbed 86.45 points or 0.60 percent.
These factors will decide the direction of the stock market this week
The direction of the stock markets will be determined by the quarterly results of companies and global developments this week. Analysts say the market may fluctuate before the upcoming general budget. Apart from this, the investors will be watching the developments related to Kovid-19, especially the vaccination campaign in the country. Quarterly results of Bank of Maharashtra, Bajaj Finance, Federal Bank, Asian Paints, Bajaj Auto and Reliance Industries are due this week. Domestic markets will be focused on banking and financial sector this week amid weak trend in global markets. Traders said that after the introduction of vaccination in the country, there can be a lot of change in the share prices.
State of heavy stock
Talking about the big stocks, during the initial trading today, shares of all companies except Tata Steel and UPL opened on the green mark. Top leading stocks include GAIL, SBI, Toto Motors, ONGC and IndusInd Bank.
Sectoral index tracking
If we look at the sectoral index, then all the sectors opened on the green mark today. These include IT, PSU Bank, FMCG, Finance Services, Bank, Metal, Private Bank, Pharma, Media, Realty and Auto.
This was the condition of the stock market during the pre open
The Sensex was up 131.62 points (0.27 per cent) at 48,695.89 at 9.03 am during the pre-open. The Nifty was up 52.40 points (0.37 per cent) at 14,333.70.
Continued pickup in the market in 2020
The year 2020 was a big development for the stock markets. In March 2020, the corona virus epidemic hit India. The corona virus also did not leave the stock market untouched. The domestic market fluctuated. While the stock market went bust in March, the Sensex-Nifty recovered the entire loss in 2020 at the end of the year.
Sensex opened on the previous trading day on the decline
The Sensex opened at a level of 48,977.86 on the previous trading day with a weakness of 56.81 points (0.12 per cent). At the same time, the Nifty started by 21.70 points, or 0.15 per cent, at the level of 14,412.
The market was closed on the red mark on Monday
The stock market closed on the red mark after Monday’s day-long volatility. The Sensex was down 470.40 points, or 0.96 per cent, to close at the level of 48564.27. The Nifty was down 152.40 points (1.06 per cent) at 14281.30.
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