look news india
, The stock market witnessed a rise due to strong buying in IT stocks on the last day of trading.
2. IT stocks witnessed a sharp rise on Friday due to heavy buying.
3. Indian stock market remained in the green zone due to the rise in global markets after the US economic data. After the release of US economic data, the fear of recession in the world's largest economy has reduced.
4. Apart from this, some companies have performed very well, which include BPCL, Coal and ONGC.
5. Due to strong signals in global markets, investors' interest in the stock market remained high today. Yesterday Dow Jones rose by 550 points.
What is the reason for the tremendous boom in the stock market?
There is a bullish trend in the stock market since this morning. In the early trade, the Sensex opened 600 points higher, while the Nifty opened 200 points higher. After this, the market saw further growth and by the time the market closed, the Sensex rose 1300 points. While the Nifty rose about 400 points.
Tremendous growth was seen in these 10 stocks
The biggest gain was seen in the shares of the recently listed company OLA Electric, which hit an upper circuit of 20 per cent today. In the long term, DLF shares rose 5%, Wipro shares 4.26%, Power Finance Corp 4%, Policy Bazaar shares 8%, Piramal Enterprises 7.36%, MPesa 7%, CDSL shares 9%, Zensar Technologies 7.73% and Nippon Life India AFC 7.49%.
