Mukesh Ambani and Anil Ambani
There has been a record rise in the Indian stock market today. Nifty reached its all-time high during trading on Thursday. At the same time, Sensex has also crossed the figure of 86 thousand. However, meanwhile, the shares of the companies of the country’s leading businessmen Anil Ambani and Mukesh Ambani are also in focus. But the interesting thing is that Anil Ambani has left his elder brother behind in the initial business. Yes, till the time of writing the news, a decline of 0.31 percent is being seen in the shares of Mukesh Ambani’s main company Reliance Industries. The company’s stocks are trading at Rs 1,565.00. On the other hand, Anil Ambani’s shares are rising.
Shares of Anil Ambani’s company Reliance Power are at Rs 40.54 with a rise of 2.68 percent till the time of writing the news. Shares have gained Rs 1.06 today. At the same time, shares of Anil Ambani’s other company Reliance Infra are also green in the market rally today. The shares of the company are still rising. The stocks of this Ambani company are currently at Rs 165.85 with a strong rise of about 5 percent. On the other hand, Reliance Industries which is the main company of Mukesh Ambani. Its shares have fallen by about 0.31 percent.
Stock market at all-time high
There is a stormy rise in the stock market on Thursday. The market’s main index Sensex crossed 86 thousand during trading. At the same time, Nifty is also at its all-time high. However, till the time of writing the news, the Sensex has gone down slightly. The main index of the market is at 85,883.76 with a rise of about 275 points till 11:40 am.
Why is the market running away
There are two-three main reasons for the rise in the stock market. First, America’s Fed and India’s RBI are expected to reduce interest rates in December. There is a positive atmosphere in the market regarding these meetings. Secondly, due to the cheapness of shares of big companies and the expectation of increasing earnings, foreign investors are buying again. On November 26, FIIs bought shares worth about Rs 4,778 crore. At the same time, the possibility of talks towards ending the Russia-Ukraine war has increased. US Ambassador Steve Witkoff will go to Moscow next week for talks, which has improved global sentiment and supported the market.