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Economy success, Sensex at new peak, up 7000 points in two months

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Economy success, Sensex at new peak, up 7000 points in two months 1

new Delhi. The Indian economy, recovering from Corona’s beating, is now growing. The stock market is constantly touching new heights. The Bombay Stock Exchange Sensex gained 486.81 points to close at 49,269.32 on Monday. In the stock markets, Nifty of the National Stock Exchanges also gained 137.50 points to 14,484.75 points from the beginning. The Sensex touched an all-time high of 49,303.79 during trading.

These stocks rise
HCL Technologies was the biggest gainer on the Sensex. It closed 6.09 percent up at Rs 1,055.05. On the Nifty, it stood at second position and rose 5.89 percent to Rs 1,053.25. Infosys, HDFC, Maruti, Tech Mahindra, Bajaj Auto were the leading gainers on the Sensex. While shares of Bajaj Finserv, Bajaj Finance and Reliance Industries declined. Pharmaceutical company Sun Pharma, Doctor Reddy’s stock gained up to 1.25 percent. The BSE Healthcare Companies index rose 0.43 percent.

488 shares in upper circuit
On Monday, the Sensex closed up 486.81 points at 49,269.32. A total of 3,298 companies traded on the BSE exchange. Shares of 1,474 closed up and 1,681 fell. 501 shares made a new high of a year in it. 488 shares also held upper circuit. Due to the boom, the total market cap of listed companies on BSE has crossed Rs 196.54 lakh crore for the first time.

Watching the market record…
– On October 8, the Sensex touched the figure of 40 thousand, reaching 40182.
– On December 11, the Sensex closed at the level of 46099 above 46 thousand.
– On December 28, the Sensex had jumped and closed at 47353.
– On January 4, the Sensex set a new record and it closed for the first time at 48176.80 above 48000.
– The BSE Sensex closed at an all-time high of 49269.32 on 11 January.

Due to market growth
TCS: The market opened for the first time beyond the 49,000 mark with strong quarterly results from the country’s leading software company Tata Consultancy Services (TCS). TCS’s profit grew 7.2 per cent in the last quarter of 2020 and the company’s stock is trading above 1 per cent.

Foreign investment : So far in January, foreign investors have made a net investment of Rs 4,819 crore. However, it is Rs 9,264 crore in provisional figures. A total investment of Rs 62000 crore was made in December last year.

America : Global stock markets were on Friday on the news of the announcement of a new relief package in the US. South Korea’s Copsy was up 3.97 percent. Hong Kong’s Hangseng closed up 1.20 percent, Japan’s Nikkei index 2.36 percent, the US Nasdaq index 1.03 percent and the S&P 500 index closed up 0.55 percent. European stock markets also recorded an increase.

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8000 rupees cheaper gold
The price of gold and silver has come down again. On the first trading day of the week, there was a big fall in the price of gold. Gold has fallen by more than 1500 rupees in the last two trading days. On Monday, the price of gold fell by a huge amount of Rs 911 and the gold fell below the 50 thousand mark to 49510 per 10 grams. There has been a major fall in the price of silver by Rs 3303. At the same time, gold has fallen below its record level price by 8000 rupees.

Falling gold like this

The date Price (per 10 grams)
7 August 2020 56200 rupees
6 January 2021 51532 rupees
7 January 2021 51011 rupees
8 January 2021 50775 rupees
11 January 2021 49510 rupees

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