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Home » The market of fear is decreasing, once again the stock market boomed, Sensex crosses 58000
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The market of fear is decreasing, once again the stock market boomed, Sensex crosses 58000

Shehnaz AliBy Shehnaz AliJanuary 28, 2022Updated:January 28, 2022No Comments2 Mins Read
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The trend of decline for four days ended, Sensex rose 198 points, while Nifty crossed 17500
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Foreign investors sold extensively in the Indian market, due to which the pressure on the market increased, but the domestic investors took full advantage of this opportunity.

FII sells and DII buys.

Market on the last day of the week (Share Market UpdatesThe fear of the decision of the US Federal Reserve seems to be ending. Sensex (Sensex today) saw a jump of up to 700 points during trading. At 11.20 in the morning, the Sensex was trading at the level of 57889 with a jump of 612 points and the Nifty was trading at the level of 17317 with a jump of 207 points. During trading, the Sensex also crossed the psychological level of 58 thousand. Market experts say that once again the market is focusing on the quarterly results of Nifty 50 companies. IT and realty stocks were the biggest contributors to the severe fall in the last one week. In such a situation, the fastest recovery is being seen in the stocks of these two sectors.

Bharti Airtel (Airtel Google deal) shares are seeing an uptrend today. Google is going to buy 1.28 percent stake in the company for $ 1 billion. Google has decided to move forward on several years of partnership with India’s second largest telecom company. At 11.25 in the morning, Airtel Share Price was trading at a level of Rs 721 with a jump of more than 2 percent.

Foreign investors sold extensively

Let us inform that in the last five trading sessions, foreign investors sold heavily, due to which the market was under pressure. However, domestic investors saw this as an opportunity and they took full advantage of this correction. According to the report, on January 27, Foreign Institutional Investors (FII) sold Rs 6267 crore, while Domestic Institutional Investors (DII) bought Rs 2881 crore.

FII, DII performance

Similarly, on January 25, FII sold 7094 crores, while DII bought 4535 crores. On January 24, FII sold 3752 crores, while DII bought 75 crores. On January 21, FII sold 3149 crores, while DII bought 269 crores. On January 20, FII sold 4680 crores, while DII bought 769 crores.

This news is being written right now…

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Shehnaz Ali
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Shehnaz is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing about Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.

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