After the budget of UP and Rajasthan, the market returned to glory, profit of 5.66 lakh crore rupees
New Delhi. After the Union Budget, now the market is getting support from the budget of the states. This week the governments of UP and Rajasthan presented their budget. The effect of which was clearly visible on the market. After Rajasthan’s budget, the market closed with a gain of more than one thousand points on Wednesday. At the same time, the market is seeing a rise of more than 400 points. Due to which investors have put Rs 5.66 lakh crores in their bag since yesterday. On the other hand, due to the increase in the price of crude oil, the atmosphere of oil stocks is seeing a boom.
Boom in share market
For the third consecutive day, the stock market is seeing tremendous boom. Maintaining Wednesday’s rally, the Bombay Stock Exchange’s leading index Sensex is trading at 51335.79 points with a gain of 544 points. On Wednesday, the market closed with a gain of 1030 points on the Sensex. On the other hand, Nifty 50, the major index of the National Stock Exchange, is trading at 15149 points with a gain of 168 points. While on Wednesday, the Nifty saw a rise of more than 250 points. The BSE small-cap is trading at 173.40 points, the BSE mid-cap 199.07 points and the foreign investor index CNX Midcap are up by 251.70 points.
Outside the sectoral index
Today it is seen outside the sectoral index. Bank Exchange and Bank Nifty are seeing good gains of 729.79 and 661.30 points. Capital Goods 210.76, Consumer Durables 242.76, BSE IT 228.26, BSE Metals 262.44, Oil & Gas 219.90, BSE Healthcare 121.40, Tech 111.08, BSE Auto 87.93, BSE PSU are seeing 97.31 points.
Rising and falling shares
Talking about the first rising stocks, Hindalco Industries is gaining 3.85 per cent, UPL 3.27 per cent, Axis Bank 3.22 per cent, ONGC 2.99 per cent and IndusInd Bank 2.90 per cent. Talking about the declining shares, Nestle India 1.07 per cent, Britannia Industries 0.87 per cent, Titan Company 0.82 per cent, Hero MotoCorp 0.72 per cent and Tech Mahindra 0.62 per cent.
Investors gain Rs 5.66 lakh crore
There was a big boom in the market for two days. Whereas on Tuesday, the Sensex saw a slight increase. Since then, stock market investors have gained Rs 566010.61. The market cap of BSE had reached Rs 2,00,26,498.14 crore due to the fall in the market in the past. Whereas today’s market cap has come to Rs 2,05,92,508.75 crore.