On Wednesday, there appeared to be a break in the ongoing decline in the stock market for the last three trading days. Bombay Stock Exchange’s 30-share Sensex opened at 79,513.73, up 920.66 points or 1.17 percent, while National Stock Exchange’s Nifty-50 also opened at 24,274.50, up 282.00 points or 1.18 percent. Earlier on Tuesday, the market had made a great start, but in the last trading hour this rise suddenly turned into a fall.
30 shares of BSE opened on the green mark
Last trading day on Tuesday, after a spectacular rise in the initial trade, the stock market suddenly witnessed a sharp decline again. After falling badly, Sensex fell by 166.33 points and closed at 78,593, while Nifty fell by 63 points and closed at 23,992 level. At the beginning of trading in the stock market on Wednesday, all 30 shares of BSE opened on the green mark with strong gains. Shares ranging from Mahindra & Mahindra to Tata Steel were seen flying.
These 10 shares became rockets
Amidst the rise in the stock market, among the 10 stocks which saw the biggest rise on Wednesday, M&M Share was trading with a rise of 2.23%, Infy by 2.19%, HCL Tech by 2%. Apart from this, Adani Ports Share saw a rise of 1.55% and Tata Steel also saw a rise of 1.50%.
Among midcap companies, Oil India Share jumped 6.89%, Lupine Share jumped 4.30%. Talking about the shares of small cap companies, Mufti Share was trading with a strong rise of 10.25%, SPAL Share was 8.96% and IFB India Share was trading with a strong rise of 7.57%.
Ran from IT to banking stocks
When trading started in the stock market at 9.15 am, about 1850 shares opened in the green zone with tremendous growth, on the contrary, shares of 231 companies were such that they opened in the red with a decline. There was no change of any kind in the status of 88 shares. During this period, realty, auto, IT and banking stocks ran up the most.
(Note- Before making any investment in the stock market, definitely take advice from your market experts.)