Mumbai3 days ago
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The stock market is closed today i.e. on 20th November due to Maharashtra Assembly elections. There will be no trading in the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
At the same time, Multi Commodity Exchange (MCX) is closed for the first half i.e. from 9:00 am to 5:00 pm. However, there will be normal trading in the evening session from 5:00 pm to 11:55 pm.
After this, the last stock market holiday of the year is Christmas Day on 25 December.
The market closed yesterday with a sharp rise Yesterday i.e. on November 19, the Sensex closed at 77,578 with a gain of 240 points. Nifty had gained 65 points, it closed at the level of 23518.
However, the Sensex saw a fall of 873 points from the day’s high. In the morning the Sensex was up by about 1000 points. Nifty had slipped 262 points from the above level.
Out of 30 Sensex stocks, 18 saw a rise and 12 saw a decline. More gains were seen in auto, energy and IT shares. M&M shares were up by 3% and Tata Motors shares were up by about 1.3%.
Markets around the world are scared due to increasing tension in Ukraine and Russia. With the completion of 1000 days of war between Ukraine and Russia, it has reached a dangerous turn. Ukraine fired long-range missiles (ATACMS) at Russia on Tuesday, just two days after US President Joe Biden’s permission. Ukraine has used American missiles against Russia for the first time. On the other hand, due to increasing tension, markets around the world also got scared.
After Biden’s new decision, Russian President Vladimir Putin approved the change in his ‘nuclear doctrine’ (nuclear policy). Under this, if any nuclear powered country attacks Russia, then Russia will be able to use nuclear weapons as a retaliation.
Europe’s influence in India too Due to increasing tensions, there was heavy selling in the stock markets of Europe on Tuesday. Euro stocks lost 1.17%. The FTSE 100 index fell 0.32%, the DAX index fell 1.07% and the CAC 40 index fell 1%. Indian stock markets also lost their gains due to the fall in Europe. At one time the Sensex was up by 1,113 points, but closed at a gain of 239 points.
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Gold crossed Rs 75,500: Within two days it became expensive by Rs 1,801, silver reached Rs 90,843 per kg.
There was an increase in the prices of gold and silver yesterday i.e. on 19th November. According to India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold increased by Rs 732 to Rs 75,540. Earlier its price was Rs 74,808 per ten grams. At the same time, gold became costlier by Rs 1,801 in just 2 days.
At the same time, the price of silver also increased. It increased by Rs 1,554 to Rs 90,843 per kg. Earlier silver was at Rs 89,289. At the same time, on October 23, silver had made an all-time high of Rs 99,151 and on October 30, gold had made an all-time high of Rs 79,681. Read the full news…