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Share Market’s main index Sensex started at 50088 on Wednesday. A day before the Sensex closed at 50193.33, which opened down 104 points on Wednesday. NTPC Powergrid and Maruti shares saw a spurt.
Share Market started at 50,088 on Wednesday. The day before the Sensex closed at 50,193.33, which opened down 104 points on Wednesday. NTPC, Powergrid, and Maruti saw sharp gains. At the same time, Banking Share saw a decline. NSE Nifty 50 opened down 46 points at 15,061.
On the first two days of this week, the value of the property of the investors has increased by a total of Rs 5 lakh 78 thousand 634 crores in the local stock market. This includes the benefit of Rs. 2 lakh 74 thousand 908 crores on Tuesday. In these two days, the 30-share Sensex of the Bombay Stock Exchange (BSE) has risen by 1,461 points, or 2.99 percent, in total.
On Tuesday, Sensex climbed 612.60 points, ie 1.24 percent, and then rose above the 50,000 mark. The market capitalization of listed companies in the BSE rose by Rs 5,78,634.72 crore in two days to Rs 2,16,39,367.91 crore on Tuesday.
According to Ajit Mishra, research vice-president, Religare Broking Ltd, the decline in Kovid-19 cases in India and the stability of global markets have contributed to the market boom. Earlier, on 1 April 2021, the BSE Sensex closed above the 50,000 marks.
Vinod Modi, Strategic Head, Reliance Securities, said that the market has been trending on the back of signs of a fall in Covid’s affairs and the expectation of a recovery in the economy. At the same time, the boom in Asian markets also supported the investor perception.
Also read: It will take 2-3 years for the whole world to vaccinate the corona vaccine: Adar Poonawala
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