Stock market news today 31 aug. 2022:

Mumbai, 30 : As the arrival of Lord Ganesha is eagerly awaited all over the country including the state, many positive developments added to the atmosphere of excitement on Tuesday. Indian stock markets bounced back on positive sentiment in international markets with Sensex gaining 1,564 points, while ‘Nifty’ also gained 446.40 points. On the other hand, the state government will also provide a house to the police personnel in BDD chali for Rs. 15 lakhs. Also, Chief Minister Eknath Shinde has also given instructions to the Principal Secretary of Transport Department to give Dearness Allowance to ST employees. Due to this there is an atmosphere of enthusiasm among the employees as well.

After yesterday’s big fall in the stock market, Sensex and Nifty bounced with double strength today. Today Sensex gained 1,564.45 points and Nifty 446.40 points on strong buying.

Indices rallied more than 2.5 percent today, not only doubling yesterday’s losses, but also recouping investors’ losses for the week. Although the American stock market fell last night, the Asian and European stock markets were in profit. Therefore, in the Indian stock markets today, short covering (buying shares sold yesterday in the expectation that the prices will fall further) as well as buying good shares at falling prices took place.

Therefore, at the end of the day Sensex settled at 59,537.07 degrees and Nifty at 17,759.30 degrees. The news that the Chinese government will continue to provide a package to strengthen its economy, Asian stock markets were booming today. The European stock market is also booming
came So the US Fed

Indian stock markets were bought after the President’s hint of an interest rate hike on Friday. Shares of banks, financial institutions, IT companies increased. All stocks of top 50 in Nifty and top 30 in Sensex rose today. On the Nifty, 1,465 stocks rose while 488 stocks fell.

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