Sensex Started Well On The Second Trading Day Of 2022
Sensex started well on the second trading day of 2022. The BSE Main Index opened at 59,343 above the previous close.
The stock market took the lead initially, one and a half dozen shares shine on Sensex-Nifty.
One and a half dozen stocks including Powergrid, NTPC, Axis Bank saw a rise. On the other hand, Nifty 50 opened slightly up at 17,681 points.
Earlier, on the first day of the year, the domestic stock markets had a strong opening. The BSE Sensex on Monday reclaimed the 59,000-mark with a jump of over 900 points.
The BSE Sensex based on 30 shares had gone up to 59,266.39 points during trading. In the end, it gained 929.40 points or 1.60 percent to close at 59,183.22.
Sensex started well on the second trading day: The National Stock Exchange’s Nifty (NSE Nifty) closed at 17,625.70, up 271.65 points, or 1.57 percent.
The outperformers on the Sensex include Bajaj Finance, Bajaj Finserv, ICICI Bank, Axis Bank, Tata Steel, IndusInd Bank, and HDFC Bank. There was an increase of up to 3.50 percent in these.
On the other hand, Dr. Reddy’s, Mahindra & Mahindra, Tech Mahindra, and Nestle lost their shares. On Friday, the last day of the year 2021, the stock markets closed again.
The BSE Sensex was up 459.50 points, or 0.80 percent, at 58,253.82 and the NSE Nifty was up 150.10 points, or 0.87 percent, at 17,354.05.
On a yearly basis, the Sensex has gained 21.99 percent or 10,502.49 points and the Nifty has gained 24.11 percent or 3,372.3 points in 2021.
Meanwhile, a report said that in 2021, an amount of Rs 1.2 lakh crore or $16.6 billion was raised through 63 IPOs led by new technology companies.
During this period, investment bankers raised fees of $ 1.1 billion amid a boom in the IPO market, said an industry report.
Apple became the company with the largest market cap in the world, now the market value is 3 trillion dollars.
Apple’s market cap has crossed $3 trillion. It is the first company in the world, which has achieved such a big target. Its market cap hit this market price in the stock market on Monday.
On its first day of trading in 2022, shares of the Silicon Valley firm hit an intraday record high of $182.88, pushing Apple’s market cap to a little over $3 trillion.
The stock ended trading at $182.01, up 2.5%, with Apple’s market capitalization at $2.99 trillion.
