There has been a strong rise in the stock market today. There has been a jump of about one thousand points in Sensex today. Today, on the last day of the trading week, due to the sharp rise in the shares of IT companies, the standard indices of domestic stock markets Sensex and Nifty have reached their new all-time high during trading. In the last few moments of trading, the 30-share BSE Sensex jumped 999.78 points to reach a new record of 72,720.96. Similarly, the National Stock Exchange (NSE) index Nifty also rose by 281.05 points to reach its new record level of 21,928.25. Among the Sensex companies, Infosys shares have jumped by about 8 percent. Similarly, due to the positive results of Tata Consultancy Services (TCS), its shares also jumped by about 4 percent. Apart from this, shares of Tech Mahindra, Wipro and HCL Technologies have also been successful in registering a rise.
There was a rise in the market yesterday also
A surge was seen in the stock market yesterday also. The market had closed with gains. However, there was a slight rise in the stock market yesterday and the BSE Sensex was up by more than 63 points. There was good momentum in the market during trading, but before the quarterly results of IT companies TCS and Infosys, investors had adopted a cautious attitude. BSE Sensex, based on 30 shares, closed at 71,721.18 points, up 63.47 points or 0.09 percent. At one time during trading it had climbed up to 341.76 points. National Stock Exchange’s Nifty also closed at 21,647.20 points with a gain of 28.50 points or 0.13 percent.
Investors had earned money
Among the Sensex companies, Reliance Industries, UltraTech Cement, Axis Bank, IndusInd Bank, Power Grid, Tata Motors, Tech Mahindra and Tata Consultancy Services were profitable. Investors had earned a lot in these. On the other hand, losers included Infosys, Hindustan Unilever, Wipro, Larsen & Toubro and Nestle. In other markets of Asia, Japan’s Nikkei, China’s Shanghai Composite and Hong Kong’s Hang Seng were in profit while South Korea’s Kospi was in loss.
