look news india
Mumbai: The new financial year 2024-25 started today with historic momentum. With India's economic growth story continuing, with the expectation of a stable, strong government being formed in the country after the Lok Sabha elections and the belief that economic reforms will continue, investment of foreign funds has started flowing into the Indian stock markets. . Since last week today, there has been all-round aggression in the shares of funds, maharashtras and rich investors. Along with this, GST collection in March stood at Rs 1.78 lakh crore and on the global front, positive signals in PMI data in China also supported the market as shares rose in Shanghai Stock Exchange. Funds bought aggressively in cement, capital goods-power, IT stocks as well as metal-mining frontline stocks. In the initial stormy rise, Sensex today jumped 603.27 points to reach a new all-time high of 74254.62 points and closed at 74014.55 points, up 363.20 points. Nifty 50 spot rose 203.05 points to hit a new all-time high of 22529.95 and finally closed at 22462, up 135.10 points.
Capital goods index increased by 1049
BSE Capital Goods index closed 1048.95 points higher at 61992.07 as funds made aggressive buying in capital goods stocks today. Schaeffler rose by Rs 163.35 to Rs 2975.65, SKF India rose by Rs 214.80 to Rs 4377.50, Bharat Electronics rose by Rs 9.80 to Rs 211.25, Grindwell rose by Rs 48.85 to Rs 1947.95, Carborandum rose by Rs. ₹29.20 up from Rs 1295.75, ABB India rose Rs 145.05 to Rs 6508.35.
Power stocks rose broadly
Funds also bought heavily in power shares today. Adani NG increased by Rs 86.20 to Rs 1112, Adani Power increased by Rs 26.65 to Rs 560.35, Tata Power increased by Rs 12.75 to Rs 406.90, Adani Green increased by Rs 53.70 to Rs 1887.65, BHEL increased by Rs 6.65 to Rs 253.85, ABB increased by Rs 145.05 to Rs 65. Rs 08.35, NTPC 6.30 Rupee rose by Rs 342.25, Siemens rose by Rs 86.75 to Rs 5462.10. BSE Power Index closed 137.55 points higher at 6839.29.
Metal index rose 954 points
Heavy buying was seen in metal-mining stocks in Indian markets today due to China's PMI data. Vedanta rose by Rs 15.70 to Rs 287.35, NMDC rose by Rs 10.90 to Rs 212.60, SAIL rose by Rs 6.55 to Rs 140.70, JSW Steel rose by Rs 39.95 to Rs 871.30, Tata Steel rose by Rs 7.20 to Rs 871.30. 163.10. BSE Metal Index closed 954.54 points higher at 29150.62.
Healthcare index jumped 421 points
BSE Healthcare index closed 420.64 points higher at 35473.48 as funds made aggressive buying in healthcare-pharmaceuticals companies today. Sequent Scientific increased by Rs 6.85 to Rs 122.15, Pfizer increased by Rs 229.50 to Rs 355.65, Morpan increased by Rs 2.94 to Rs 45, Divi's Lab increased by Rs 139.85 to Rs 3576.
Small cap index rose 1288, mid cap 646 points
BSE Small Cap index jumped 1288.29 points to close at 44454.63 as funds, high net worth investors again made aggressive buying in small, mid cap, cash stocks today. While BSE Mid Cap Index rose 646.31 points to close at 39968.43. Today the market trend was very positive with the rise in many stocks. Of the total 4058 stocks traded on BSE, the number of gainers was 3212 and the number of decliners was 698.
Investors' wealth increased by Rs 6.18 lakh crore
The market capitalization of BSE listed companies i.e. the total wealth of investors increased by Rs 6.18 lakh crore in a day to Rs 393.15 lakh crore.
DII's net purchase Rs 1208 crore
FIIs made a net sale of shares worth Rs 522.30 crore in cash today-Monday. While DII-Domestic Institutional Investors made net purchases of shares worth Rs 1208.42 crore in cash today.
