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Share market today 27 April 2020: Stock market gains by more than 500 points, Nifty up 160 points

share market today
share market today

Share Market Today 27 April 2020: The stock market moved up sharply on Monday. At 9.41 am, the stock market gained 582 points to 31,920. At the same time, the Nifty gained 169 points and traded at 9324 here. This stock market boom is considered to be the effect of success in the fight against Corona virus.

The Central Government has given permission to open shops with conditions while giving relief in lockdown. It is also believed that the government may soon announce a relief package.

Earlier on Friday, the stock market was seen to fluctuate. The Sensex was down by 535.86 points at 31327, while the Nifty was down 159.50 points at 9154.40, down 1.71 percent.

On Monday, Zee Ltd., Infratel, IndusInd Bank, Hindalco, Maruti, Axis Bank, UPL, Tata Motors and Tata Steel started with a lead.

At the same time, the rupee was worth 76.18 against the dollar. Earlier, the rupee had lost 40 paise to close at 76.46 per dollar on Friday amid the strengthening of the US dollar in foreign markets and a fall in the domestic stock market.

According to traders, the market trend was affected by the failure of the first trial of a drug believed to be effective against the corona virus.

Read More News: Indian Jagran

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