The stock market is constantly making records. On the fourth trading day of July, both Sensex and Nifty reached new highs. The benchmark Sensex of the Bombay Stock Exchange rose 405.84 points to a record high of 80,392.64 points. While on Thursday, the Sensex opened at 80,321.79 points. By 10:45 am, the Sensex was trading 109 points higher at 80,095.58 points. In the month of July, the Sensex has seen a gain of 1.72 percent.
The stock market reached a record high
At the same time, the National Stock Exchange's major index Nifty also reached a new record level during the trading session. According to the data, Nifty rose 114.5 points to a record high of 24,401 points. However, on Thursday, Nifty opened at 24,369.95 points. Currently at 10:50 am, Nifty is trading at 24,322.05 points with a gain of 36 points. An increase of 1.62 percent has been seen in the month of July.
Which stocks are rising and which are falling
On Thursday, Tata Motors, ICICI Bank, Mahindra & Mahindra, Infosys, HCL and Tata Consultancy were the biggest gainers among the companies listed on the Sensex. On the other hand, HDFC Bank, Adani Ports and Special Economic Zone, Bharti Airtel shares are seeing a decline. The rise in IT and banking stocks may continue in the coming days.
Foreign markets also boomed
In Asian markets, South Korea's Kospi and Japan's Nikkei were in profit while China's Shanghai Composite and Hong Kong's Hang Seng were in loss. US markets closed with a positive trend on Wednesday. The market will remain closed on Thursday on the occasion of Independence Day. Global oil Brent crude futures were trading 0.60 percent lower at US $ 86.82 per barrel. According to stock market data, foreign institutional investors continued to buy in the capital market on Wednesday. Shares worth Rs 5,483.63 crore were purchased on a net basis.
Protect investors
Foreign investors have made huge profits on Thursday. In just 45 minutes of trading session, investors have gained Rs 2.71 lakh crore. Thus, the market cap of BSE is related to the profit and loss of investors. A day earlier, the market cap of BSE was Rs 4,45,43,642.29 crore. Which has increased to Rs 4,48,14,510.04 crore at 10 am on Thursday. In this way, investors have gained about nine lakh crore rupees in the month of July.