The Sensex surged 194 points to close at 44,000

 The first Monday of the week saw Ronak in the stock market with the positive trend of global markets and the arrival of foreign funds. The benchmark Sensex of the Bombay Stock Exchange rose 0.44 percent to close at 44077.15, up 194.90 points. At the same time, the Nifty on the National Stock Exchange rose 0.52 percent (67.40 points) to close at 12926.45. The index has recovered the entire loss in the year 2020. It closed at 41,306.02 on January 1, 2020. However, according to analysts, market volatility will continue. So investors should be careful.

Investors in foreign portfolios (FPIs) have so far traded above Rs. 49,5533 crore. Global indices have improved as the controversy over the US presidential election has cleared, leading to increased FPI investment in Indian markets. FPIs invested Rs 44,378 crore in stocks and Rs 5,175 crore in the bond market between November 3 and 20.

The stock market will be on the rise this week on the rising cases of Coronavirus and the settlement of derivatives contracts. Due to this, the stock markets will be volatile this week. Experts said that in addition to the news related to the covid-19 vaccine, the discussion of incentive measures in the US and the global trend will determine the direction of the market.

Speaking of heavyweights, today IndusInd Bank, ONGC, GAIL, Dr. Shares of Reddy's, and Infosys closed at the green mark. Shares of Axis Bank, HDFC, ICICI Bank, SBI Life, and Titan, on the other hand, closed at the red mark.

If we look at the sectoral index, all sectors except PSU Bank, Bank, Private Bank, and Financial Services are closed at the green mark today. These include pharma, media, FMCG, IT, realty, metal, and auto.

The stock market opened at the green mark today. The Sensex jumped 350.09 points (0.80 percent) to 44232.34 and at the same time, the Nifty started at 12954 with 95 points (0.74 percent).