Stock market boom.
Mumbai:
A slight rise is being seen in the stock market of the country on Monday morning. Both the indices opened with green mark. Sensex is trading up 143 points at 59278 while Nifty is trading up 70 points at 17483. At 9.30 in the stock market, the boom has gained momentum. Nifty is trading up 98 points and Sensex is up 345 points. Tech Mahindra, Kotak Bank, SBI, ICICI Bank, Pav Grid, HDFC Bank, Bajaj Finance, L&T, HCL, Tata Steel, Reliance are seeing a boom in the Sensex. Shares of Sun Pharma, Mahindra & Mahindra, Asian Paints, Nestle, NTPC, Infosys fell. At the same time, the shares of Tech Mahindra, Adani Enterprises, Adani Ports, Hindalco, HCL are up in the Nifty while the shares of IndusInd, SBI Life, Titan, BPCL, NTPC are trading in the red.
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In Nifty, 30 out of 50 stocks are up while 19 stocks are down while there is no change in one stock. 2947 stocks are being traded in Sensex at 9.40 am. Out of this, 1201 stocks are up while 1610 are down. 136 stocks see no change. Upper circuit has been installed in 98 stocks while lower circuit has been installed in 84 stocks.
Explain that due to the weak trend in the global markets, the wealth of investors in the stock markets decreased by more than Rs 2.67 lakh crore on Friday. On Friday, the thirty-share Sensex fell 718.8 points or 1.20 percent to 59,087.48 points in 1015 hours.
With this, the market capitalization (MCAP) of the companies listed on BSE declined by Rs 2,67,539.54 crore to Rs 2,61,63,222.07 crore due to the massive negativity in the stock markets.
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