A tremendous rise is being seen in the stock market. The Sensex rose more than 1000 points to reach 79,984.24 on the last trading day of the week. Talking about Nifty, it has jumped 256.50 points to reach 24,373. Although Nifty opened today at 24,386.85 points, while Sensex opened at 79,984.24. At the same time, there has been a rise in all the top 30 shares of Sensex.
Shares of Tech Mahindra have increased by 2.6 percent, reaching beyond Rs 1500. After this, the shares of Tata Motors have increased by 2.5 percent. Shares of HCL, Mahindra & Mahindra and NTPC have also increased by 2 percent. Apart from this, the shares of Hindustan Unilever have seen the least rise among the top 30. Bank Nifty has increased by 400 points.
Great rise in these 10 shares
Defense sector stock Cochin Shipyard’s shares have increased by 5 percent. Aftel India’s shares have increased by 6 percent. After this, CAMS has increased by 3.86 percent. Among midcap stocks, OFSS shares are trading up by 4 per cent, HPCL shares up by 3 per cent, MPesa shares up by 3 per cent, Eicher Motors shares up by 4 per cent, ONGC shares up by 3.36 per cent and ABB India shares up by 3.71 per cent.
Why did the stock market suddenly rise?
There was a tremendous rise in the American market last night. The Nasdaq index has seen a rise of 2.87 per cent, while the Dow Zone has seen a rise of 1.71 per cent. Apart from this, a rise of 1.26 percent was seen in Japan’s stock market. Due to good growth in these markets, the Indian stock market is witnessing a boom today.
Let us tell you that due to the fear of recession and the hint of war between Iran and Israel, the markets from Europe to America had fallen sharply, but now there has been some stability and investors still have confidence in the global market, due to which the situation is good. There has been a rise. Seeing the rise in the global market, the sentiment of the Indian market has also changed and today a great rise is being seen. Apart from this, the quarterly results of LIC and other companies have also affected the stock market.