Thursday , December 26 2024

Stock market closed with bumper gain, Sensex gained 809 points

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The stock market returned bullish on Thursday. The market remained bullish during closing. Both Sensex and Nifty closed in the green. Sensex closed at 81,765 points, rising more than 800 points. While Nifty closed at 24,702 points with a gain of 234 points.

Increase for the fifth consecutive day

The market closed with gains for the fifth consecutive day. Apart from realty, growth was seen in all sector indices. Nifty IT rose by about 2%. There was a jump in smallcap, oil and gas index.

Nifty’s top gainers and losers

TCS, Infosys, Titan Company, Bharti Airtel and Dr Reddy’s Labs were the top gainers on Nifty. While SBI Life Insurance, Bajaj Auto, HDFC Life, NTPC and Grasim Industries were the top losers in Nifty. BSE midcap and smallcap indices closed flat.

Bitcoin price rise

The price of Bitcoin has crossed the record $103,000. Market cap has crossed 2 trillion dollars for the first time. Even today, an increase of more than 4 percent is being seen in the price of Bitcoin. Prices have increased 45% in the last 4 weeks. An increase of 143% so far in 2024. It has increased since the victory of Donald Trump. The market is expecting policy for crypto. The market expects the price of Bitcoin to reach $120,000.