look news india
Ahmedabad: After a massive drop in investor wealth yesterday, Indian stock markets today saw a massive recovery as low-head short covering helped act as a balm on the wound. Sensex today rose 2303 points and Nifty 736 points on fresh buying by local institutions, funds, operators on the news of NDA government coming back to power. Sensex's rally also increased investor wealth by Rs 13.23 lakh crore.
Stocks themselves witnessed a massive correction after fresh acquisitions by local institutions, funds, operators following the clear confidence of NDA allies supporting BJP in yesterday's Lok Sabha election results, ensuring NDA government once again. As a result, the market reforms movement moved ahead rapidly.
After the latest rally, the Sensex rose 2303 points to reach 74382 today. At the same time, the Nifty also rose 736 points to settle at the level of 22620. Even though the Sensex registered a strong jump today, foreign investors invested Rs 10 crore in it. A huge sell-off of 5656 crore was done. However, on the other hand, the local bodies today Rs. Today after the rise in the Sensex, the wealth of investors (BSE Market Cap) increased to Rs 4555 crore. 13.23 lakh crore and finally rose to Rs. 408.06 lakh crore. Today the BSE Small Cap Index rose 1319 points while the BSE Mid Cap Index rose 1798 points after hitting a new low.
nse Record of transactions in
The National Stock Exchange today recorded a record number of transactions in a single day. The exchange recorded 1971 crore orders during trading hours today. The exchange set a new record when 28.55 crore trades were recorded.
