new Delhi. The stock market is seeing tremendous boom. The market is raining heavily on the investors as soon as the market opens, in just 15 minutes of business, the investors have raised more than Rs 2 lakh crore. According to experts, the local stock market is booming due to the boom in foreign markets and the decisions taken in the budget. The Sensex is trading above 600 points and the Nifty is up more than 175 points. After which the market is trading at a record level.
Stock market at record level
Today the stock market is trading at a record level. The Bombay Stock Exchange’s leading index Sensex is trading at 51,352.32 points with a gain of 620.69 points. While today reached a record high of 51,409.36 points during business level. On the other hand, Nifty 50, the major index of the National Stock Exchange, is trading at 15,101.60 points with a gain of 177.35 points. Whereas during trading level, Nifty moved to a record level of 15,119.25 points. BSE Small Cap 214.44, BSE Mid-Cap 254.13 and CNX Midcap 318.10 points are trading with a gain.
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Auto banking sector continues to boom
The sectoral index continues to boom. Auto sector 686.61 and Bank Exchange and Bank Nifty are trading up by 795.48 and 677.70 points. Capital Goods 252.95, Consumer durables 463.98, BSE FMCG 54.22, BSE Healthcare 136.54, BSE IT 142.17, BSE Metal 81.72, Oil & Gas 205.49, BSE PSU 90.34 and Tech are trading up by 83.19 points.
Mahindra & Mahindra shares up 10%
Today, Mahindra & Mahindra shares are seeing an increase of around 10%. GAIL India is seeing 4.02 per cent, Adani Ports and SEZ 3.98 per cent, Tata Motors 3.20 per cent and Axis Bank 2.83 per cent. Talking about the declining shares, Divis Laboratories is trading at 1.63 per cent, Britannia Industries 0.74 per cent, NTPC 0.55 per cent, Tata Steel 0.23 per cent and Bajaj Auto 0.17 per cent.
Rupee rained on market investors
Today, after rising in the stock market since morning, the market is raining heavily on investors. Investors benefit is tied to the market cap of BSE. The market cap of BSE was Rs 2,00,33,507.65 crore after the stock market closed on Friday. Whereas at 9.30 am this morning, the market cap came to Rs 2,02,41,422.18 crore. That is, the investors got a profit of Rs 2,17,914.43 crore.