New Delhi. On Monday, the Indian stock market is seeing a good boom due to the boom in the US markets and the rise of crude oil. Where the Sensex is trading with a gain of 337 points. On the other hand, the Nifty 50 has crossed the 15000 mark. Brent crude oil has moved up to a 15-month high and WTI 3-year highs in the international market. Due to this, there is an atmosphere of boom in the stocks of oil companies. According to experts, due to good employment figures in the US, the market is also experiencing a boom.
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Stock market boom
On Monday, the stock market is seeing good boom. The Bombay Stock Exchange’s leading index, the Sensex, is trading at 50,742.55 points with a gain of 337.23 points. Whereas the National Stock Exchange’s major index Nifty 50 appears to be trading at 15043.40 points with a gain of 105.30 points. BSE Small Cap 264.82 points, BSE Mid-Cap 215.09 points and CNX Midcap 315.50 points are seen trading with a gain.
Boom in sectoral index
Today, if we talk about sectoral index, then everyone is seeing a boom. Both Bank Exchange and Bank Nifty are trading with a gain of 467.24 and 449.50 points respectively. On the other hand, oil and gas is trading with a gain of 417.45 points. Capital Goods 373.81, BSE Metal 245.49, Consumer Durables 187.26, BSE PSU 154.33, BSE Auto 132.34, BSE Healthcare 117.78, BSE IT 93.59, Tech 43.13 and BSE FMCG are trading up by 1.69 points.
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Oil companies bat
GAIL is trading at a gain of 6.59 per cent on the back of a rise in the price of crude oil. ONGC is trading 6.13 per cent, UPL 3.05 per cent, Coal India 2.48 per cent and Indian Oil Corporation 2.41 per cent. On the other hand, in the case of declining stocks, Bajaj Auto 1.76 per cent, Ultra Tech Cement 1.56 per cent, Bajaj Finance 1.05 per cent, Asian Paints 1.01 per cent and Nestle India shares are seeing a decline of 0.89 per cent.