stock market
There is a strong rise in the stock market on Friday on the basis of IT shares. Where Sensex saw a rise of more than 780 points. On the other hand, Nifty rose by more than 225 points. Due to which stock market investors made a profit of Rs 4.59 lakh crore within two minutes. According to BSE data, shares of HCL Tech, Infosys, Tech Mahindra, TCS saw a rise of 2 to 3 percent. On the other hand, the shares of the country’s largest company Reliance Industries saw an increase of more than one and a half percent. A day ago, there was a good rise in the stock market and in the end the Sensex closed with a gain of more than 200 points. Let us also tell you what kind of figures are being seen in the stock market.
stock market boom
The stock market is witnessing a rise for the second consecutive day. Bombay Stock Exchange’s main index Sensex was seen trading at 77,448.69 points with a rise of 714 points at 9.30 am. Whereas in the initial session, the Sensex appeared at the day’s high of 77,526.85 points with a rise of 785.03 points. On the other hand, the main index of National Stock Exchange, Nifty also showed a rise of 208.50 points at 24,169.80 points at 9.30 am. Whereas during the trading session, Nifty saw a rise of more than 225 points and reached a high of 24,187.90 points.
Tech stocks rose
In fact, due to the rise in tech stocks, there is a boom in the stock market. According to BSE data, shares of Tech Mahindra, HCL Tech, Infosys and TCS are seeing a rise of more than one and a half percent. On the other hand, the shares of the country’s largest company Reliance Industries are seeing an increase of about 1.5 percent. If we talk about falling shares, then Bharti Airtel shares are seeing a decline of more than 1 percent. When the shares of Eternal and Sun Pharma continue to fall slightly. Out of total 2689 traded shares in NSE, 2144 shares are seeing a rise. Whereas 57 shares are visible at the peak of 52 weeks.
Investors benefited by Rs 4.59 lakh crore
Due to the rise in the stock market, investors have also got huge benefits. The profit and loss of investors is linked to the market cap of BSE. According to the data, the market cap of BSE was Rs 4,75,94,499.91 crore a day earlier, which came down to Rs 4,80,53,874.84 crore within two minutes of market opening on Friday. This means that the market cap of BSE has increased by Rs 4,59,374.93 crore. This is also the income of the investors. If experts are to be believed, there may be further increase in the earnings of stock market investors in the coming days.
