Stock market boom: The stock market has recorded a strong rise in the stock market with the announcement of cutting the interest rates of the US Fed Reserve and the expectations of relief in mutual tariffs. The Sensex rose 899.01 points to 76348.06 and Nifty 283.05 points to 23190.65 today due to a boom in other shares including IT and banking, metal. Today, the Sensex rose 1007.2 in the day. After about 18 trading sessions, the Sensex has again achieved a level of 76,000.
Clouds of uncertainty globally are slowly evading. Central banks of the US and China have kept interest rates stable. After domestic level, the stock market has registered an increase for the fourth consecutive day due to improvement in economic activities globally.
Upper circuit in 314 shares
Today, out of a total of 4132 shares trading on BSE, 2435 shares closed in green field and 1561 shares closed in red sector. Today, a total of 314 shares have upper circuit. While 192 shares were lower circuit. A total of 69 stocks were recorded at the highest level of the year and 102 stocks at the lowest level of the year. Overall, the market stance was positive.
Bounce in telecom sector
A significant bounce has been seen in the telecom sector today. Today, Bharti Airtel’s stock was in the highest profit in the Sensex. Which closed up 4.05 percent to close at 1703. The BSE Telecom Index closed down 1.94 percent today.
Shopping in IT-technologies increased
Export-dependent IT and technology shares jumped out in the market-free IT and technology shares amid indications of Donald Trump’s compromise on the mutual tariff issue. Today the IT index closed up 1.28 percent and the technology index by 1.89 percent. Shares such as TCS, Infosys, Route, Wipro, Newgan and Imudra increased at a lower level.
Investors’ capital increased
With the overall rise trend in the stock market, investors’ capital has increased by Rs 100 crore. 3.32 lakh crores The market cap of BSE was recorded at Rs 408.33 lakh crore today.
Top beneficiary at Nifty 50
share | closing price | bounce |
Bharti Aartal | 1704 | 4.08 |
Titan | 3183.05 | 3.47 |
Eishmot | 5234 | 2.61 |
Bajaj-Auto | 7920 | 2.57 |
Britania | 4828 | 2.57 |
share | closing price | Shortage |
IndusIndBK | 685 | -1.11 |
Bajfinance | 8680 | -0.59 |
Tent | 5215 | -0.3 |
Shriramfin | 666.3 | -0.25 |