look news india
Ahmedabad: Today, on the first day of Chaitri Navratri, a new history was created in Mumbai Stock Market. Mumbai Stock Market Sensex today crossed the 75,000 mark for the first time in history due to strong expectations of formation of a stable government in the general elections and reports of better than expected corporate results. However, the market ended the session with a sharp decline in negative territory amid profitable selling pressure in largecap stocks at higher levels. On the other hand, gold rose by Rs 20 in Ahmedabad. Silver Rs 74000. It reached the level of 82,000.
On the global front, Mumbai Stock Exchange Sensex climbed intra-day today and breached record high on fresh buying by local funds and players on the back of favorable reports including report of ceasefire in Israel-Gaza war. High of 75,000 touched 75,124. On the other hand, NSE Nifty also made fresh gains to reach all-time high of 22768 intraday.
The market retreated sharply due to reports of crude oil prices reaching a five-month high in the global market and massive profit-booking in large-cap stocks. In which the Sensex fell by 440 points from its all-time high. Which was 58.80 points softer at 74683.70 at the end of trading. Whereas Nifty fell by 102.10 and remained soft at the level of 22642.75.
Gold and silver made a new record in the Ahmedabad stock market today due to the rise in global markets. Globally, gold today rose to $2366 and was quoted at $2347 late in the evening. While silver was $27.97. After these news, gold in Ahmedabad crossed the level of 74000 with a rise of Rs 700 and reached a new peak of 74200. Whereas silver rose by Rs 1000 and reached the peak of Rs 82000.