Winning Bizness Desk
Mumbai. On July 13, 2023, a new history the Indian stock market touched a new high as the BSE's Sensex crossed 66 thousand in the initial trade. At the same time, NSE's Nifty also crossed 19,500. In this boom of the market, most of the shares traded in the green mark. NSE's Nifty crossed its previous mark of 19537 in early trade. Mukesh Ambani's Reliance Industries, HDFC Bank and IT stocks showed its mettle in the market. The share of Reliance Industries gained more than 14 points to cross Rs 2781, while the shares of HDFC Bank were witnessing rapid growth. HDFC Bank's share reached Rs 1650.40. Apart from Reliance Industries and HDFC Bank, the shares in the market traded on high notes. They include Tata Steel, Tata Motors, Bajaj Finance, HCL Tech, SBI, HUL. On the other hand, almost all the indices were seen in the green mark due to the boom in the market.
Sensex can go up to 70,000
Market experts are assuming that the market boom can continue even further. According to an expert, the sentiments being created in the market are showing signs of further growth and therefore, the Sensex can cross the level of 70 thousand in the coming 15 days. There are many factors behind the growth of the market and it is good for the Indian economy that all the factors have been working on a positive note for the last few months. The positive effect of these signals is also visible on the market.
The boom will continue
In fact, the Indian market is also getting support from the consumer inflation data of America. At the same time, the confidence of foreign investors in the Indian market has increased, due to which the market is witnessing a booming trend. If the sentiment remains like this, then there are signs of further growth in the market.