Stock Market Today: Due to the return of buying from lower levels in Adani Group Stocks, strong rise in IT stocks and Reliance shares (RIL Share Price), a strong rise is being seen in the Indian stock market. BSE Sensex is trading at 78,766 points with a fall of 1574 points. Sensex has again managed to cross 78000. A great rise is also being seen in the Nifty of the National Stock Exchange and the Nifty50 index is trading at 23,829 points with a jump of 472 points.
28 out of 30 Sensex stocks rose
Out of 30 Sensex stocks, 28 stocks are trading with gains and only 2 are trading with decline. Of the 50 Nifty stocks, 48 are trading with a rise and 2 are with a fall. Among the stocks which are looking bright, SBI is trading with a rise of 4.27 percent, UltraTech Cement 2.67 percent, Bajaj Finance 2.65 percent, Titan 2.45 percent, HCL Tech 2.40 percent, ITC 2.37 percent, Bharti Airtel 2.23 percent. While Axis Bank is trading with a decline of 0.25 percent and HDFC Bank is trading with a decline of 0.20 percent.
Adani shares regained momentum
Adani Group shares are witnessing a spectacular rise from lower levels. ACC is trading with a strong rise of 3.81 percent, Adani Enterprises 2.40 percent, Adani Ports 2.54 percent, Ambuja Cement 3.60 percent.
Increase in investors’ wealth by Rs 5.50 lakh crore
Due to the strong rise in the stock market, there is a huge increase in the wealth of investors today. The market cap of shares listed on BSE has reached Rs 430.98 lakh crore, which was Rs 425.38 lakh crore in the last session. That means, in today’s session, an increase of Rs 5.60 lakh crore is being seen in the wealth of investors.
sectorol update
In today’s trade, shares of Banking IT, Auto, Pharma, FMCG, Metals, Real Estate, Energy, Infra, Consumer Durables, Healthcare and Oil and Gas sectors are trading rapidly. Midcap and smallcap stocks are also showing strong growth.
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