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Market picks up on the rise in banking stocks, Sensex close to 51 thousand


Market picks up on the rise in banking stocks, Sensex close to 51 thousand 1

New Delhi. Today, the stock market is witnessing a second consecutive day. The environment of big banks of the country is witnessing a boom. Due to which the Sensex has opened with a gain of more than 450 points today. The Nifty is also seeing a rise of more than 100 points. On the other hand, due to the fall in the price of crude oil in the international market, there is profit-booking in the shares of oil companies. There is also a global reason for the market boom. Economy figures are getting better in America. Because of which US markets have closed sharply. The effect of which is being seen on the Indian stock markets.

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Stock market boom
The stock market is seeing a boom for the second consecutive day. The Bombay Stock Exchange’s flagship index Sensex is trading at 50,867.19 points with a gain of 426.12 points. On the other hand, Nifty, the major index of the National Stock Exchange, is trading at 15,083.70 points with a gain of 127.50 points. BSE Small Cap is trading with a gain of 156.30 points. BSE Mid-Cap 133.29 and CNX Midcap are trading up by 174.60 points.

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Banking sector boom
Today there is a big boom in the banking sector. Bank Exchange is trading with a gain of 608.73 points and Bank Nifty by 569.80 points. Consumer durables are trading with a gain of 356.53 points, BSE Auto 162.83, Capital Goods 129.84, BSE IT 124.90, BSE Metal 122.66, BSE FMCG 63.23, BSE Healthcare 89.39, BSE Tech 58.15, BSE PSU 3.52 points. While oil and gas is trading down by 134.56 points.

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Rising and falling shares
Talking about the first rising stocks, Grasim Industries is doing 4.37 per cent. SBI Life Insurance Company is trading up by 3.73 per cent, HDFC Bank 2.63 per cent, HDFC Life Insurance 2.37 per cent and Shree Cements 2.18 per cent. On the other hand, Bharat Petroleum Corporation is trading at 4.01 per cent, Indian Oil Corporation 1.30 per cent, GAIL India 1.27 per cent, ONGC 0.93 per cent and Power Grid Corporation of India 0.86 per cent.

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