The stock market witnessed a stormy rally after a slow start on Friday. The Sensex rose by over 1000 points to trade above 84,200 points. While the Nifty jumped 300 points to 25,719 points. Due to this stormy rally, the stock market has reached its all-time high.
In Friday’s trade, Sensex touched an all-time high of 84,240.50. While Nifty has touched 25,719.90 levels. Of the top 30 stocks on BSE Sensex, 28 stocks gained strongly, with two stocks, TCS and NTPC, declining slightly. Among the top 30, JSW Steel was the biggest gainer, gaining over 4%.
Small-cap stocks also gaining
BSE small and midcap stocks have recovered after yesterday’s fall and are rising strongly. Small caps rose by over 500 points with 20 stocks gaining and 10 stocks falling. Mid caps rose by 200 points.
Investors earn Rs.
Yesterday, the market capitalisation of BSE-listed companies was Rs 4,65,47,277 crore and today it increased by Rs 400 crore to Rs 4,69,33,988 crore.
These 10 stocks have seen big gains
Cochin Shipyard shares rose 10% to Rs 1,841. IIFL Finance rose 10% to Rs 541. RITES shares rose 8%, BSE shares rose 9%, Mazagon Dock shares rose 7%, Cacrotech Dev shares rose 5%, Mahindra & Mahindra shares rose 4%, Zomato shares rose 4% and JSW Steel shares rose 3.75%.
81 stocks hit 52-week highs
There were 2,526 stocks on NSE, of which 1,771 stocks surged. While 690 stocks declined. While 65 stocks remained unchanged. 81 stocks were trading at 52-week highs. While 24 stocks hit 52-week lows. The upper circuit was seen at 65 and the lower circuit was seen at 36.
These industries are growing fastest
Today, stocks of all sectors including banking, IT, metals, health, pharmaceuticals, real estate, media and automobiles are rising. The leading companies in these sectors have gained more profits. The biggest growth has been seen in the automobile sector.
(Note – Seek help from your financial advisor before investing in any stock.)
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