Share Market Update: On the first day of December, the stock market is once again in high spirits. Talking about Sensex, it has increased by +295.57 (0.34%) points and is trading above 86,002.24. Nifty has also increased by +80.35 (0.31%) points to reach 26,283.30. Enthusiasm is being seen among investors.
22 out of 30 Sensex stocks have registered a rise in the market. 36 out of 50 stocks of Nifty have also increased. In today’s trading, maximum growth is being seen in auto, metal and banking stocks. However, there is a slight decline in FMCG and consumer durables.
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Mixed signals in Asian market
Talking about the Asian market, Korea’s Kospi is down 0.20 percent. Whereas Japan’s Nikkei has fallen by 1.91 percent. Meanwhile, Hong Kong’s Hang Seng index is moving up by 0.80 percent.
With this, the Dow Jones Industrial Average increased by 0.61 percent and closed at 47,716 in the US market on November 28. The Nasdaq Composite was up 0.65 percent and the S&P 500 was up 0.54 percent.
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FIIs sold stocks worth crores in November (Share Market Update)
On November 28, foreign investors (FIIs) sold stocks worth Rs 3,795.72 crore in the cash segment. Domestic investors (DIIs) have bought shares worth Rs 4,148.48 crore.
In November, FIIs sold stocks worth a total of Rs 17,500.31 crore. Whereas DIIs bought shares worth Rs 77,083.78 crore. This means that the market is getting support from domestic investors. Sensex and Nifty closed flat on Friday.
The stock market declined on November 28, the last trading day of the week. The Sensex fell 14 points and closed at 85,707. Nifty also fell 13 points and closed at 26,203. There was a decline in oil and gas, realty, private banking and IT sectors. Media, Metal, Pharmaceuticals and Healthcare also closed down.
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