
Stock market boom: After yesterday’s major decline, the Indian stock market is trading in a positive direction today. The Sensex has jumped more than 850 points. The Nifty has also managed to reach a level of 23000 again. Banking, auto and realty segments have seen an improvement. At the same time, there has been heavy selling in smallcap, midcap stocks. Investors have taken a cautious stance amid uncertainties before yesterday’s budget.
Sensex-Nifty 50
After opening with improvement, the Sensex rose 847.68 points to the highest level of 76,213.85. Which was trading at 76127.01 at 12.41 pm with a rise of 760.84 points. The Nifty was trading at 12.42 pm after opening at 22960.45 at 185.70 points at 23014.85. 50-50 trading mood was observed on Nifty 50. There was a rise in 25 shares and a recession in 25.
546 shares at low -level year
Despite a huge increase between Sensex and Nifty, 546 shares reached a low of the year. While 535 shares were lower circuit. Out of a total of 3980 shares trading on BSE, 1056 are trading in favor of sharing shares and 2797 shares are trading in favor. As a result, the expansion of the overall market due to stock specific reforms has been negative.
Today again a big difference between small cap stocks
The smokcap index fell 900 points today after breaking over 1000 points yesterday. Many smallcap stocks including Anantaraj, Power India, immense industries have fallen by 20 percent. Midcap shares are also trading with recession. Today, auto, realty and banking shares are being purchased at the lower level. Apart from this, market notion has been negative in most segments.
Status of shares on Nifty 50
| share | final price | bounce |
| Axisbank | 990.1 | 4.43 |
| Shriramfin | 531.2 | 3.82 |
| Bajfinance | 7556.15 | 3.57 |
| HDFC Bank | 1680.75 | 3.13 |
| Tatamotors | 734.7 | 3.04 |
| share | final price | Crack |
| Sunforma | 1699.3 | -4.9 |
| NTPC | 315.15 | -2.19 |
| BEL | 257.75 | -1.98 |
| Drareddy | 1175.9 | -1.82 |
| Britania | 5084.7 | -1.77 |
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