by Sandip Das on 20 January 2024, 5 min read
The Indian stock market ended the session on January 19, 2024, on a positive note snapping the 3-day losing streak. At close, Sensex jumped 541 points at 71728 while Nifty gained 160 points and ended the session at 21622 level.
Around 1690 stocks advanced and 832 declined while 98 stocks remained unchanged.
All sectoral indices ended in the green with auto, capital goods, Information Technology, FMCG, metal, oil & gas and power up 1-2 percent each.
Trends on the GIFT Nifty index indicates a positive start for Indian stock market with a gain of 24 points.
Tech shares helped power the S&P 500 to its first record high close in two years on Friday to confirm a bull market, while European stocks registered weekly declines amid fading expectations for central bank interest rate cuts.
The Dow Jones Industrial Average rose 394.99 points, or 1.05%, to 37,863.6. The S&P 500 gained 58.86 points, or 1.23%, to 4,839.8. The Nasdaq Composite added 255.32 points, or 1.7%, to 15,310.97, according to a Reuters report.
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ICICI Bank, Kotak Mahindra Bank, Union Bank of India, IDBI Bank, IDFC First Bank, Indian Renewable Energy Development Agency, Persistent Systems, Aarti Surfactants, Can Fin Homes, Jammu & Kashmir Bank, JK Cement, LKP Securities, Rossari Biotech, Seshasayee Paper & Boards, Sportking India, Tatva Chintan Pharma Chem, and Waaree Renewable Technologies.
Foreign institutional investors (FIIs) sold shares worth Rs 3,689.68 crore in the Indian stock market. Domestic institutional investors (DIIs) bought Rs 2,638.46 crore worth of stocks on January 19.
A total of 11 stocks are in the F&O ban list for January 20. The NSE has added Oracle Financial Services Software, and RBL Bank to the said list.
Disclaimer: The information provided in this blog post is for educational purposes only and should not be construed as investment or trading advice. The author is not a financial advisor and does not have any professional qualifications in this area. The author does not guarantee the accuracy or completeness of the information provided. Any action you take based on the information in this blog post is done at your own risk. Please consult with a financial advisor before making any investment decisions. Investments in securities market are subject to market risks, read all the related documents carefully before investing.
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