After a decline of more than 4 percent in 7 days, recovery has been seen in the stock market. While on one hand the stock market investors had suffered a loss of Rs 23.50 lakh crore in 7 trading days, on the other hand within a few minutes investors recovered more than Rs 6.50 lakh crore. On Tuesday, both Sensex and Nifty saw an increase of more than one percent. Sensex once again crossed the level of 78 thousand points. On the other hand, Nifty saw a rise of more than 300 points.
The main reason for the rise in the stock market is considered to be the rise in IT, auto and energy stocks. An increase is being seen in auto stocks like Mahindra & Mahindra, Tata Motors. On the other hand, there is an increase in the shares of big IT companies like Tech Mahindra, TCS, Infosys. Let us also tell you what kind of figures are being seen in the stock market at present.
Sensex rises by almost 1000 points
After a long time, a good rise is being seen in the stock market. The main index of Bombay Stock Exchange rose by almost 1000 points and reached the day’s high of 78,309.57 points. Whereas at 11.20 am the Sensex is trading at 78,279.63 points with a gain of 940.62 points. However, the Sensex had opened at 77,548 points. However, before this a decline of more than 3 thousand points had been seen in 7 trading sessions.
On the other hand, the main index of National Stock Exchange Nifty is also trading at a good pace. During the trading session, Nifty saw a rise of 296 points and reached the day’s high at 23,750 points. However, at 11:20 am, Nifty is trading at 23,708.55 points with a gain of 254.75 points. However, in the last 7 trading days, Nifty had seen a decline of 1,030.25 points.
rise in these shares
Shares of Tata Group’s Trent, ONGC, Mahindra & Mahindra are seeing a rise of about 3 percent on the National Stock Exchange. On the other hand, shares of Adani Port & SEZ and Titan are seeing an increase of more than 2.50 percent. On the other hand, an increase of one and a half percent is being seen in the shares of Reliance Industries on Bombay Stock Exchange. At the same time, an increase of 2.50 percent is being seen in the shares of TCS. Infosys shares are trading with a rise of about 2 percent.
Investors benefited by Rs 6.55 lakh crore
Due to this boom in the stock market, investors have gained a profit of more than Rs 6.50 crore in a few minutes. In fact, the profit and loss of investors is linked to the market cap of BSE. When BSE had closed a day earlier, the market cap was Rs 4,29,08,846.36 crore, whereas at 10.30 am the market cap of BSE came to Rs 4,35,63,865.14 crore. This means that there has been an increase of Rs 6,55,018.78 crore. This means that investors have got good profits. Whereas in the last 7 trading days, investors had suffered a loss of Rs 23.50 lakh crore.
