All its 30 shares were in gains, Investors look upbeat

Winning Bizness Desk

Mumbai - On the fourth day of the week on Thursday, BSE stock market witnessed boom boom activity. The Bombay Stock Exchange (BSE) Sensex was trading 800 points higher at 57,625. All its 30 shares were in gains. The market cap of the listed companies stood at Rs 259.57 lakh crore. Yesterday it was Rs 256 lakh crore. That is, there has been an increase of Rs 3.57 lakh crore. Whereas yesterday the market cap had increased by Rs 4.50 lakh crore. In this way, investors have earned Rs 8 lakh crore in two days.

A day before, Sensex closed 1,039 points up

Earlier on Wednesday, the Bombay Stock Exchange (BSE) Sensex closed 1,039 points (1.86%) up at 56,816 and the National Stock Exchange's Nifty gained 312 points (1.87%) to close at 16,975. Today banking stocks are again on the rise. Yesterday too, the market closed by more than a thousand points due to the rapid growth of the shares of the same sector. Today the Sensex opened up 804 points at 57,620. It made a high of 57,687 and a low of 57,518 in the first hour.

1,922 stocks trading above and 403 below

Of the companies listed in the Sensex, 1,922 stocks are trading above and 403 below. 52 stocks are at one-year high and 3 low. 153 shares are in upper and 109 in lower circuit. That is, their prices cannot fluctuate or fluctuate more than a certain limit in a day. HDFC, Axis Bank, Bajaj Finance, UltraTech Cement, HDFC Bank and Asian Paints along with Kotak Bank, ICICI Bank are up 2 to 3% in its leading stocks. Along with these, Infosys shares are up 1 to 2% with SBI, IndusInd Bank, Hindustan Unilever, Bajaj Finserv, Titan, Wipro, Tata Steel, Maruti, Larsen & Toubro, TCS and Tech Mahindra.

What Stocks are in Red ?

Airtel, Reliance Industries, Nestle, PowerGrid, Sun Pharma, Dr. Reddy, HCL and NTPC are also in the red. On the other hand, the Nifty of the National Stock Exchange is up by 237 points at 17,212. It opened at 17,202 and made an upper level of 17,228 and a low of 17,178. Its four major indices, Next 50, Midcap, Bank and Financial, are up 1-2%. Out of 50 Nifty stocks, 47 are in gains and 3 are in decline. The major rising stocks are HDFC Bank, Axis Bank, Asian Paints, Tata Consumer. Coal India, Indian Oil and ONGC are among the losers.