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Share market picks up; Sensex rises 400 points; Adani Transmission shares up 3%

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Share market picks up; Sensex rises 400 points; Adani Transmission shares up 3% 1

New Delhi. Today the stock market is seeing good boom. In fact, the Indian stock market is seeing a boom due to good signs in the US and Asian markets. The Sensex is seeing a rise of more than 400 points. On the other hand, the Nifty is getting close to 14,850 points. On the other hand, the quarterly results of companies are getting good. Because of which the market seems to be getting support. The stock is seeing a rise of more than 3 per cent due to Adani Transmission quarterly profit in 4 times.

Also read: APU Report: Corona epidemic pushed 23 crore Indians into poverty

Stock market boom
Today the stock market is seeing good boom. The special thing is that the effect of second wave of corona virus in the country has not reduced, even after that the market continues to boom. Today, the major index of the Bombay Stock Exchange’s major index, the Sensex, is trading at 49,350.59 points with a gain of 400.83 points. On the other hand, Nifty 50, the major index of the National Stock Exchange, is trading at 14,842 points with a gain of 117.20 points. BSE Small Cap 116.27, BSE Mid-Cap 45.60 and Foreign Investors Index CNX Midcap 33.60 points can be seen.

Also read: Big announcement from Delhi’s traders, announcement of voluntary lockdown by May 17

Boom in banking and metal sector
Today, the banking and metal sector is witnessing a boom environment. Bank Exchange 441.52 and Bank Nifty is trading at 381 points. While BSE Metal is trading with a gain of 570.26 points. BSE IT is seeing a gain of 149.53 points. BSE Auto 78.66, Capital Goods 78.22, Consumer Durables 30.53, BSE FMCG 22.12 and BSE Healthcare 82.47, Oil and Gas 31.87, BSE PSU 52.66 and BSE Tech are seeing 60.56 points.

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Rising and falling shares
First of all, when talking about the rising stocks, Tata Steel shares are seeing a gain of 3.82 per cent. SBI Life Insurance Company is trading 3.47 per cent, IndusInd Bank 2.31 per cent, JSW Steel 2.22 per cent and Hindalco Industries up 1.83 per cent. Tata Consumer shares are seeing a decline of 5.12 percent. On the other hand, Hero MotoCorp is trading down by 1.21 per cent, Bajaj Auto by 0.92 per cent, Power Grid Corporation of India by 0.46 per cent and Eicher Motors by 0.09 per cent.

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