In the month of April, till Monday, 7 April, the stock market had drowned 24 lakh crore rupees of investors. Nobody was confident that the Sensex and Nifty would return once again. But there was no kind of innocent on Tuesday. The Sensex and Nifty made a tremendous comeback. At one time, the Sensex saw a rise of more than 1700 points. But until the market was closed, the Sensex had to be satisfied with more than 1000 points. By the way, the stock market investors recovered more than Rs 7.50 lakh crore till the market was closed.
A day ago, the Sensex had seen a decline of more than 2200 points and investors had lost Rs 14 lakh crore. The Sensex had reached a decline of 3939 points during the trading session and the loss was around 25 lakh crores. Now you can understand how the stock market has returned. That too at a time when Trump Tariff and China’s retaliation continues. But there have been indications by Trump to interact on tariffs to the countries of the world. Due to which the stock market has been seen getting support. Let us also tell you how fast has been seen in the sense and Nifty.
Stock market boom
The Indian stock market has seen a good rise on Tuesday. The Bombay Stock Exchange’s major index Sensex closed at 74,227.08 points with a gain of about one and a half per cent, or 1089.18 points. During the trading session, the Sensex rose by more than 1700 points to 74,859.39 points. The Sensex was opened at 74,013.73 points on Tuesday. A day earlier, the Sensex saw a decline of more than 200 points and closed at 73,137.90 points.
On the other hand, the major indicator of the National Stock Exchange also closed at 22,535.85 points with a gain of 1.69 per cent i.e. 374.25 points. However, during the business session, the Nifty had seen a rise of 535.6 points and reached the day high with 22,697.20 points. By the way, the Nifty was opened at 22,446.75 points this morning. A day before, the Nifty saw a decline of more than 3 percent.
Which shares rise
Out of 30 major stocks of Bombay Stock Exchange, 29 shares closed on green mark. The biggest faster was seen in Tata Group’s Titan Company. The shares of Titan, Bajaj Finance and SBI saw an increase of more than 3 percent. On the other hand, the shares of L&T, Bajaj Finserv, Axis Bank, Jomato have seen a rise of more than 2.50 percent. The shares of Asian Paints, Infosys, HCL Tech, Tech Mahindra have seen more than 2 percent. The shares of Bharti Airtel, Hindustan Uni Lever, Adani Port, ITC, Tata Motors, have seen an increase of more than one and a half percent. On the other hand, the shares of Nestle India, Reliance Industries, Mahindra & Mahindra & Sunforma closed up more than 1 percent. Powergrid shares have seen a decline of 0.14 percent.
Investors benefit
Stock market investors were helped in recovery due to this boom. Looking at the data, the market cap of BSE appeared at Rs 3,89,25,660.75 crore after the market closed a day earlier. Whereas when the stock market closed on Tuesday, the market cap of BSE came to Rs 3,96,81,516.66 crore. This means that investors have got a recovery of Rs 7,55,855.91 crore one day. In the month of April, till April 7, there was a loss of Rs 24 lakh crore in 5 business days.