Stock market
There is a boom in the stock market. The special thing is that on Tuesday, the Sensex and Nifty have seen a boom for the fourth consecutive day. During this time, the Sensex has seen an increase of 1.75 percent. On the other hand, the Nifty has seen a 2 percent increase. According to experts, becoming a mental in the stock market had started before August 15, but it was not seen that fast. But Trump and Putin’s meeting and before that the announcement of GST Reforms helped a lot in boosting the stock market. If we talk on Tuesday, the Sensex has seen an increase of more than 370 points. At the same time, the Nifty has seen a rise of more than 100 points. The main reason for the boom on Tuesday is believed to be a tremendous rise in the shares of Reliance Industries. Let us also tell you what kind of figures are being seen in the stock market.
Stock market gains fourth consecutive day
If Tuesday’s boom is also added, the stock market has seen an increase for the fourth consecutive day. According to the data, the Bombay Stock Exchange’s major index Sensex saw an increase of 1,405.42 points in four days. On August 12, the Sensex closed at 80,235.59 points. Since then, the Sensex has seen an increase of 1.75 percent. If we talk on Tuesday, the Sensex closed at 81,641.01 points with a gain of 370.64 points. By the way, the Sensex reached the day high at 81,755.88 points in the business session. By the way, in the last two business days, the Sensex has seen a rise of more than 1 thousand.
On the other hand, the main index Nifty of the National Stock Exchange has also seen an increase. According to the data, the Nifty has seen a steady rise since August 12. On August 12, the Nifty closed at 24,487.40 points. Since then, the Nifty has seen an increase of 493.25 points. This means that the Nifty has given 2 percent return to investors. If we talk on Tuesday, the Nifty appeared at 24,980.65 points with a rise of 103.70 points. By the way, the Nifty came on a high of 25,012.65 points. According to experts, the stock market may continue to rise in the coming days.
Reliance shares boom
Reliance Industries was the important reason for the boom in the stock market on Tuesday. Whose shares saw a rise of about 3 percent. Looking at the BSE figures, Reliance Industries’ shares closed 2.82 per cent to close at Rs 1,419.95. By the way, the stock of Adani Port and Tata Motors saw an increase of more than 3 percent. Tata Motors shares saw an increase of 3.50 per cent and the Shares of Adani Port closed with a rise of 3.16 per cent. Jomato’s parent company Eternal’s shares closed up more than 2 per cent. The shares of Maruti, Hindustan Unilever, Kotak Bank, Tech Mahindra saw more than 1 percent increase.
Investors benefit more than 11 lakh crores
On the other hand, stock market investors have benefited more than Rs 11 lakh crore in 4 business days. Looking at the data, on August 12, the market cap of BSE was Rs 4,43,669.04 crore, which reached Rs 4,54,53,123.83 crore on August 19. This means that during these four business days, stock market investors have benefited by Rs 11,22,454.79 crore. Talking on August 19, investors have benefited from Rs 3.56 lakh crore from the stock market.