Big Change In The Stock Market, The Sensex Rose 460 Points

Big change in the stock market, now the boundary of 62 thousand also cross key Nifty also at the new height.

The stock market also started bullish on Tuesday. Sensex opened up 375.02 points at a new high of 62,140.61.

Let us tell you that the trend of bullishness in the stock markets is for the eighth consecutive day. More than one and a half dozen stocks including LT, BAJAJFINSV saw a rise.

While Nifty saw a jump of 105.75 points. With this, it reached a new high of 18,582.80. On Monday, Nifty closed at 18,477.05 points.

The Sensex rose 460 points to its all-time high on strong buying in banks, information technology, and metal stocks.

However, there was profit-booking in the shares of pharma and auto companies.

Investors’ wealth increased by Rs 12.49 lakh crore in the stock market on Monday for the seventh consecutive trading session.

The BSE 30-share Sensex closed at a new record high of 61,765.59 points, up 459.64 points, or 0.75 percent. During trading, it went up to 61,963.07 points.

Big change in the stock market: The Sensex has gained 2,575.86 points, or 4.35 percent, in the last seven trading sessions.

With this rally in the market, the market capitalization of BSE listed companies rose by Rs 12,49,059.88 crore to a record Rs 2,74,69,606.93 crore in just seven trading sessions.

Among the Sensex companies, the stock of Infosys rose the most by 4.4 percent. Shares of Tech Mahindra, Tata Steel, ICICI Bank, ITC, Maruti, SBI, and Axis Bank were also gainers.

On the other hand, HCL Tech, Mahindra & Mahindra, Dr. Reddy’s, Asian Paints, Bajaj Auto, HDFC Bank, and Bharti Airtel declined.

Vinod Nair, Head of Research, Geojit Financial Services said, “Indian markets hit new highs despite a weak global trend and disappointing Chinese GDP numbers.” China’s economic growth slowed to 4.9 percent in the July-September quarter.

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