Good growth is being seen in the stock market. If we look at the data, Bombay Stock Exchange’s main index Sensex was seen trading with a rise of more than 790 points. On the other hand, Nifty also appeared near 24,200 points. Due to this surge, stock market investors made a profit of Rs 3.90 lakh crore in a few minutes. If experts are to be believed, there was a boom in the IT sector on Tuesday also. But the market did not get much benefit, but despite the rise in crude oil prices and increasing Middle East tension on Wednesday, a good rise is being seen in the stock market. Let us also tell you what kind of data is being seen in Sensex and Nifty…
stock market boom
Tremendous growth was seen in the stock market. Bombay Stock Exchange’s main index Sensex was seen rising by 793.56 points to reach 77,559.48 points. Whereas at 9.35 am the Sensex is trading at 77,496.43 points with a rise of 730 points. However, the Sensex had opened with 77,423.77 points. On the other hand, Nifty was also seen crossing 24 thousand points. According to the data, Nifty was seen trading at 24,203.20 points with a rise of more than 215 points during the trading session. However, at 9.35 am, Nifty was trading at 24,191 points with a rise of 207 points. Whereas Nifty opened at 24,176.65 points.
Rise in IT shares
If we talk about shares, there is a rise in IT stocks. On the Bombay Stock Exchange, IT company Infosys was seen trading with a rise of 3.50 percent. TCS shares are seeing a rise of more than 2.50 percent. An increase of more than 1.50 percent is being seen in the shares of Tech Mahindra and HCL Tech. A rise of more than 3 percent is being seen in the shares of L&T. HUL shares are seeing a rise of 3.11 percent. HDFC Bank shares are seeing a rise of more than 1.50 percent. Shares of Eternal, Bharti Airtel, ITC are also trading with a rise of about 1.50 percent. If we talk about IT sector, a growth of about 3 percent is being seen. Whereas even a day earlier the IT sector had closed with a rise of more than 3 percent.
huge benefits for investors
Due to this boom in the stock market, investors have benefited a lot. However, the profit of investors is decided by the market cap of BSE. When it increases, investors benefit. If we look at the data, a day before i.e. on Tuesday, when the stock market was closed, the market cap of BSE was at Rs 4,79,16,995.57 crore, which came down to Rs 4,83,07,433.75 crore during the trading session on Wednesday. This means that the market cap of BSE increased by Rs 3.90 lakh crore. This is the benefit of investors.
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