share marketImage Credit source: Representational Image
May 1 means today there will be no trading in the stock market. According to the information, the National Stock Exchange and the Bombay Stock Exchange will remain closed on May 1 on the occasion of Maharashtra Day. Along with the metal and bullion market, the wholesale commodity market will also remain closed. There will be no trading in the forex and commodity futures markets as well. Let us tell you that the stock market will remain closed for the third consecutive day. Earlier, the stock market was closed on Saturday and Sunday. On Friday, both BSE and NSE closed with a boom.
There was a boom in the stock market
There was a boom in the stock market on 28th April i.e. Friday. The BSE’s major index Sensex closed at 61,112.44 with a gain of 463.06 points. Whereas in the last trading week, there was an increase of 3.6 percent in Sensex and four percent in Nifty. By the way, the last trader of last week closed at 18,065 with a gain of 150 points. Last month in April, investors had gained Rs 13.50 lakh crore.
There was a boom in these stocks
Adani Group’s flagship company Adani Enterprises was also included in the stocks that did better business on Nifty last week. On the other hand, there was an increase in the shares of Adani Ports and SEZ. Apart from these, there was tremendous growth in the shares of Britannia Industries, Wipro and Nestle India. On the other hand, there was a decline in the shares of Axis Bank, ONGC, HCL Technologies, JSW Steel and Titan Company.
There was an increase in these sectors
Capital Goods, Infra, Power, PSU Bank and IT sector saw a gain of more than 1 percent and all the sectoral indices closed on the green mark. BSE Midcap and Smallcap index gained 1 percent each. On 28 April, the Indian rupee closed at 81.83 per dollar as against the previous close of 81.84. According to experts, there can be ups and downs in the stock market in the coming days.