stock market
There is a tremendous rise in the stock market due to the cessation of bombing between America and Iran, decline in crude oil prices by more than 5 percent and appreciation of the rupee against the dollar. Sensex saw a rise of more than 636 points in the initial trading session. On the other hand, an increase of about 200 points was seen in Nifty. According to experts, due to reduced tension in the Middle East, expectations of increase in shipments from the Strait of Hormuz have increased once again. At the same time, there is hope that the matter between the two countries will now be resolved diplomatically. Due to this boom, stock market investors have gained a profit of Rs 4.76 lakh crore. Let us also tell you what kind of figures are being seen in the stock market.
Stock market boomed
There is a boom in the stock market on Monday. If we look at the data, Bombay Stock Exchange’s main index Sensex rose by 636.61 points to reach 76,696.38 points. Whereas at 9.35 am the Sensex is trading at 76,696.38 points with a rise of about 590 points. Whereas the Sensex opened at 76,608.98 points. On the other hand, Nifty, the main index of the National Stock Exchange, also saw a good rise. If we look at the data, Nifty also increased by about 200 points during the trading session and reached 23,964.50 points. Whereas at 9.35 am, Nifty was trading at 23,944.30 points with a rise of about 175 points. However, Nifty opened at 23,928.40 points.
There was a rise in all the shares
Out of the top 30 stocks of Bombay Stock Exchange, 28 stocks are seeing a rise. Only Bharti Airtel and ICICI Bank shares were seen falling. If we look at the data, there is an increase of more than 3.50 percent in the shares of Indigo and Infosys. Whereas the shares of Eternal and Asian Paints saw an increase of more than 2.50 percent. Whereas shares of Bajaj Finance, HCL Tech, TCS, Tech Mahindra are seeing an increase of more than 2 percent. On the other hand, rest of the shares are seeing an increase of more than 1 percent.
Investors benefited by Rs 4.76 lakh crore
Investors benefited a lot due to the rise in the stock market. Investors’ profits are linked to the market cap of BSE. If we look at the figures, the market cap of BSE was Rs 4,75,69,475.24 crore on Friday, which increased to Rs 4,80,45,444.68 crore on Monday. This means that the market cap of BSE has increased by Rs 4,75,969.44 crore during the trading session. This is also the benefit of investors.
