look news india
The first trading session of the week was historic for the Indian stock market. National Stock Exchange's Nifty has been successful in making lifetime high. There was a strong rise in the market due to buying in FMCG and consumer durables shares. At the end of today's trading, National Stock Exchange's Nifty closed at 22,122 points with a jump of 81 points. However, Nifty touched a record high of 22,186 points during the day's trading. BSE Sensex closed at 72,281 points, up 281 points.
Market value at record high
Due to the spectacular rise in the stock market, the market capitalization reached a record high. For the first time, the market cap of shares listed on BSE crossed Rs 10 lakh. 392 lakh crores crossed. At market close the market cap of BSE was Rs. Which was Rs 391.74 lakh crore in the last trading session. It closed at the level of Rs 389.41 lakh crore. That means, an increase of Rs 2.33 lakh crore has been seen in the market price in today's business.
The market remained bullish on Friday
Before this, there was a surge in the stock market on the last trading day of last week i.e. 16th February. Sensex closed 376 points up at 72,426. At the same time, a jump of 129 points was recorded in Nifty and it closed at 22,040.
Out of 30 Sensex stocks, 22 rose and 8 declined. SpiceJet shares gained 11.28%. Actually, SpiceJet promoter Ajay Singh had bid to buy Go First along with Busy Bee Airways.