Mumbai
The trend of decline in the stock market for the last few days seemed to stop on Tuesday, the second trading day of the week. The 30-share Sensex of Bombay Stock Exchange opened with a strong surge and within a few minutes it climbed by 828 points and crossed 78000. At the same time, Nifty of National Stock Exchange was also seen trading with a rise of 249 points. Earlier on Monday, the previous trading day had closed in the red with Sensex-Nifty falling. Amidst the boom in the market, shares ranging from NTPC to Tata Motors were seen running wild.
Stormy rise in Sensex-Nifty
Shares opened on green mark on Tuesday In the share market, BSE Sensex opened at the level of 77,548, gaining about 200 points from its previous closing of 77,339.01. After this, within a few minutes it gained strong momentum and was seen trading at the level of 78,108.58 with a jump of 769.52 points. Like Sensex, NSE index Nifty also ran at a fast pace. NSE Nifty started trading at the level of 23,529.55, compared to its previous close of 23,453.80 and then increasing the pace, it was seen trading at 23,690 with a jump of 237.05 points. The rise in both the indices increased further and Sensex rose by 828 points, while Nifty rose by 249 points.
The market was broken on Monday
Earlier on Monday, the stock market had closed with a decline on the previous trading day. Although, both the indices had started trading with a bullish trend on the green mark, but within a few minutes their momentum got slowed down and after the market closed, Sensex-Nifty closed at the red mark with a decline. BSE Sensex fell by 241.30 points and closed at the level of 77,339.01. Whereas NSE Nifty fell by 78.90 points and closed at the level of 23,453.80.
Strong rise in 1789 shares
Amidst the boom in the stock market, on Tuesday, shares of 1789 companies started trading in the green zone with a rise, while shares of 587 companies opened with a decline. There were 94 companies in which no change was seen in the position of their shares. Shares of Tata Group companies Trent, BPCL, Infosys, NTPC and Adani Ports gained the most on Nifty, while shares of Dr Reddy’s Labs, Shriram Finance, SBI Life Insurance, Asian Paints and JSW Steel were trading with a decline. Were.
These shares gained the most
Till the time of writing the news, shares of 29 out of 30 companies of BSE were trading rapidly. If we talk about the stocks gaining the most momentum, the large cap ones included M&M Share (2.75%), Tata Motors Share (2.27%), Adani Ports (2.11%), TCS (1.80%).
Zeel Share (6.23%), Suzlon Share (4.87%), Delhivery Share (3.74%) and Federal Bank Share (3.57%) included in the midcap category, while Mazgaon Doch Share (3.48%) was trading higher. Whereas among small cap companies, PGEL Share gained the most momentum and it jumped by 10.94%.
