31 May 2021

Sensex Surges 515 Points With JSW Steel And ICICI Bank Trading High

Latest reports have been coming in from the economy sector where today it has been seen that Sensex has surged 515 points.  

With the Sensex surging high and Nifty ending at 15,583 and Sensex up 514 points, at 51,937.

Among the major top gainers today were JSW Steel and ICICI Bank.  

However the Rupee traded weak on the back of dollar strength picking up from lower levels of $89.80 to $90.10 giving some reversal formation for the dollar index. 

Crude prices inching close to $70 also weakens the rupee with economies opening up globally pick up in crude prices will not help the rupee on the global front, but capital market positive tone shall keep the fall in rupee at check. Going ahead rupee can be seen in range 72.40-72.75 range

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