Winning Bizness Desk
Mumai. Adani Group's achche din seem to be on the way again as all its 10 stocks have shown gains in the share market. The share of flagship company Adani Enterprises has risen by about 2%. After the positive signals received from the global market, on March 17, the Indian stock market is also witnessing an increase. The Sensex was trading at a level of 58,000, up by about 400 points on friday afternoon. Nifty has also gained more than 100 points and it was trading at 17,100 level. Out of 30 Sensex stocks, 25 advanced and 5 declined. Metal, IT, banking and metal stocks were at the forefront of this market boom. There is a speed of close to half per cent in the port. Green energy had an upper circuit of 5%. Shares of Wilmar, Transmission, Total Gas and Power also gained more than 2%. The stock of ACC and Ambuja Cement were up by about half a percent each. NDTV went up to close to 1%.
Boom in American stock market
Some banks have created a $ 30 billion rescue package to save America's First Republic Bank. Due to this, there was a boom in the stock market of America on Thursday. The Dow Jones closed up 371.98 points at 32,246.55. The S&P 500 index gained 68.35 points. It closed at the level of 3,960.28. The Nasdaq Composite closed at 11,717.28, up 283.23 points or 2.48%. There was an increase in the Indian stock market on Thursday (March 16). The Sensex closed at 57,635, up 79 points. The Nifty also climbed 13 points, closing at 16,985. Of the 30 Sensex stocks, 17 advanced and 13 declined.
Foreign Institutional Investors Net Sellers
Foreign Institutional Investors (FII) were net sellers in Thursday's trade. Meanwhile, Domestic Institutional Investors (DII) remained net buyers. According to the provisional data available on NSE, FIIs sold Rs 282.06 crore in the market. During this period DII bought shares worth Rs 2051.45 crore.