Stock Market: Market Rises, Sensex Rises 250 Points
Stock Market: Market rises, Sensex rises 250 points, Nifty rises 70 points.
The Indian stock market has started well today. At 9.17 am, the BSE Sensex was trading at 59333.77 with a gain of 248.34 points i.e. 0.42 percent.
Talking about Nifty50, at the same time it gained 71 points or 0.40 percent and it showed at the level of 17676.10.
Apart from this, Bank Nifty showed a jump of 162.70 points. It was up 0.42 percent at the level of 39201.20.
Till the time of writing the news, 45 out of 50 Nifty stocks were trading on the green mark while 14 were trading on the red mark. There was no change in the price of one share.
The shares of New Delhi Television Limited (NDTV) are in the upper circuit for the third consecutive day today.
Let us tell you that this stock has been going up very fast since the announcement of the stake by Adani Group.
Today the global markets have also seen a boom, the result of which is visible in the Indian market as well. Yesterday (August 24) the Sensex closed at the level of 59085 with a gain of 54 points.
At the same time, the Nifty closed at the level of 17605 with a gain of 27 points. Nifty formed a bullish candle on the chart yesterday protecting the key level of 17500.
Nifty support and resistance.
Today the first support level for Nifty will be at 17528 and after that, the second support will be at 17451. If the index moves upwards then it may face resistance at 17653 and then at 17700.
Multibagger Stock: Rs 3 lakh made in 6 months worth Rs 1 lakh, Dolly Khanna has also invested money.
The stock of Chennai Petroleum Corporation Limited (CPCL) has been giving multi-bagger returns to its investors for the past year.
This multibagger stock is also included in the portfolio of famous investor Dolly Khanna. CPCL is a subsidiary of the Indian Oil Corporation. Indian Oil Corporation holds a 51.9% stake in it.
The stock has gained 11.42 percent in the last five trading sessions. On Thursday, the stock was trading at Rs 311 with a slight decline of 0.70 percent till the time of writing the news on NSE.
Shares of Chennai Petroleum Corporation Limited had climbed up to 10 percent on Wednesday. Yesterday the shares of CPCA company closed at Rs 314.40 on NSE.
Famous investor Dolly Khanna has also invested in this stock.
According to a report by Live Mint, Dali Khanna holds a total of 48,69,474 shares or a 3.27% stake in the company as per the company’s April to June 2022 shareholding pattern.
