Stock market situation news, Indian market indices saw a good rise on the second trading day of the week yesterday,
Trump’s announcement brings relief
As tensions over the trade war eased after US President Trump announced that he would suspend his decision to impose additional tariffs on Canadian and Mexican goods. At the end of trading hours, the Nifty closed 1.62 percent higher and the Sensex 1.81 percent higher.
Foreign Investment
Foreign investors bought shares worth Rs 809 crore yesterday.
Crude Oil
Global crude oil prices fell 0.83 percent to $75.33 per barrel yesterday
Rupee Value
The Indian rupee appreciated by 4 paise to $87.07 against the US dollar.
Agarwal Healthcare
The shares of Chennai-based Agarwal Healthcare, which provides various eye care services, were listed on the market yesterday. While the share price was fixed at Rs 402, the company’s share fell 1.26 percent to Rs 396.90 on the Bombay Stock Exchange and Rs 402 on the National Stock Exchange. The company’s market value is Rs 11,929.30 crore.
Mahindra & Mahindra
The market capitalization of leading automobile manufacturer Mahindra & Mahindra touched Rs 4 lakh crore yesterday. During yesterday’s trading hours, the company’s shares rose 3 percent, hitting a new high of Rs 2,370 per share. Mahindra & Mahindra shares, which had gained 9 percent in the last 3 days, closed at Rs 3,190.35, up 0.60 percent at the close of yesterday’s trading hours.