After the huge fall of the last two days, a spectacular rise is being seen in the stock market. On Tuesday, Sensex is trading up 944 at 79,693.64. Talking about Nifty, it has increased by 278 points and is trading at 24,334.10. Whereas Bank Nifty was trading at 50,660 level by rising 600 points.
American stock markets closed down by 3 percent overnight. Earlier, on Monday, Sensex had closed at 78,759.40 with a decline of 2,222.55 points or 2.74 percent. Nifty closed at 24,055.60, down 662.10 points or 2.68 percent. This is much lower than Nifty’s low of 24,074.20 on July 23.
Great rise in these shares
Talking about the top 30 shares of BSE, stormy growth is being seen in all the shares. The maximum increase of 4 percent is being seen in Tata Motors. After this, shares of LT, Maruti Suzuki, Adani Port and Tata Steel are up by more than 2 percent. Apart from this, there is a rise in the shares of Infosys and Mahindra & Mahindra.
GE Shipping shares are up by 5.37 percent, Patanjali Food shares are up by more than 4 percent, Godrej Properties are up by 4.68 percent, Zomato shares are up by 4.61 percent and are trading at Rs 268. Whereas DLF shares are trading 4 percent higher at Rs 841 today.
Upper circuit in 50 shares
Out of 2,160 shares of NSE, 1,921 stocks are trading on the rise, while 194 stocks are on the decline. 34 shares are witnessing a 52-week rise, while 7 shares are trading at a 52-week low. Apart from this, business is being done on 50 Upper Circuit and 21 Lower Circuit.
Boom in IT sector
Today, tremendous growth is being seen in the IT sector in the stock market. It is trading higher by more than 2 percent. At the same time, a growth of about 3 percent is being seen in the realty sector. Apart from this, there has also been an increase of more than 1 percent in FMCG, Media, Metal and PSU Bank.
What kind of market is there from Japan to America?
Stock exchanges of Japan (NIKKEI 225) and South Korea (COSPI) rose up to 11 percent, after falling heavily in the previous session, while the US stock market continued to fall. At the same time, a slight rise has been seen in the Hong Kong stock market.