Sensex and Nifty have reached record levels due to all-round buying in the market on the third trading day of the week. The BSE Sensex is trading 542 up at 46,150.51 and the Nifty is up 154.80 points at 13,547.75. However, the Sensex touched a level of 46,164.10 and the Nifty 13,547.95 during trading. This is the alltime high level of both indexes.
IT and banking shares are leading the market growth. The Nifty Bank Index is trading up 510 points at 30,772.20. Due to the boom in the market, the total market cap of listed companies in the BSE has crossed Rs 183.18 lakh crore.
Market boom is the main reason
The main reason for the rise in the market is the excellent growth in global markets and the rise in heavy stocks. RIL's stock is trading at 1.30% up 2030 in the BSE. TCS and Infosys shares are also trading up. Other Asian markets recorded a record high today on hopes of vaccination. In addition, the Nasdaq index also made a new high in the US markets yesterday.
Stocks update
UPL and IOC shares are up more than 3-3% in the Nifty index. Kotak Bank and Infosys are up over 2–2% each. HDFC Bank shares also gained 2%. At the same time, Hindalco's stock is trading down by more than 1%. UltraTech Cement and Wipro are also down slightly. The BSE Sensex opened 282.53 points up at 45,891.04 and the Nifty opened 65.15 points up at 13,458.10 in the morning.
Shopping in Asian markets
Today, Japan's Nikkei index has closed up 350 points at 26,817 in Asian markets. Hong Kong's Hangseng index gained 213 points to close at 26,518. At the same time, the Shanghai Composite Index of China has fallen by 38 points to close at 3,371.
The market rose sharply on Tuesday
The Sensex closed up 181.54 points at 45,608.51 and the Nifty closed up 37.20 points at 13,392.95 on Tuesday due to the rise in heavy stocks. This is the highest level of both indices in terms of closing. However, the Sensex touched a high of 45,742.23 and the Nifty 13,435.45 during trading. Yesterday, UltraTech Cement shares closed up 3% and TCS gained 2% to the Nifty. Apart from this, shares of Reliance and Wipro also gained 1-1%.
Sluggish markets in Europe
Flat business was recorded in the European market yesterday. France's CAC index was down 12 points at 5,560. At the same time, Germany's DAX index was up 7 points at 13,278. Apart from this, the UK FTSE index also closed with a slight gain at 6,558.
Shopping in american markets
On Tuesday, there was a slight rise in American markets. The Dow Jones Index was up 104.09 points at 30,173.90, up 0.35%. The S&P 500 index was up 0.28% at 3,702.25. In addition, the Nasdaq index also closed at 12,582.80, up 62.83 points. Nasdaq also touched the highest level of 12,453 during the business.
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