Ever since the US Federal Bank cut the policy rate by 0.50 percent, the Indian stock market has been booming. So far in the month of September, Sensex and Nifty have given a return of up to three percent. What is even more special is that while the Sensex is about to touch the level of 85 thousand, Nifty can also cross the figure of 26 thousand soon. In the month of September, investors have earned a huge amount of Rs 11.50 lakh crore in the stock market.
According to the information, this boom in the stock market may continue in the last week of September as well. At the same time, the effect of the festive season from October to December will also be seen on the stock market. This means that the stock market is going to remain bullish for the next few months. What kind of figures are being seen in the stock market at the moment? Important.
Stock market at record level
The stock market has been at a record high for the last few days. According to data, the Bombay Stock Exchange's flagship Sensex reached a record high of 84,980.53 points. After the market closed, the Sensex rose 384.30 points to close at 84,928.61 points. In this way, the Sensex opened with a gain of 84,651.15 points. On Friday, the Sensex saw a gain of more than 1300 points.
At the same time, the National Stock Exchange's major index Nifty has also reached close to the figure of 26 thousand. Nifty touched the highest level of 25,956 points during the trading session. After the market closed, Nifty rose 148.10 points to 25,939.05 while Nifty opened at 25,872.55. Nifty rose by about two percent on Friday.