A rise of 1000 points was seen in the stock market during the trading session.Image Credit source: Google Gemini
After the ups and downs in the stock market since morning, Sensex and Nifty gained such momentum that the entire 'game' was completed in 130 minutes. Sensex appeared at the peak of the day with a rise of more than 1000 points from its lower level in just 130 minutes. Due to which stock market investors earned Rs 7.43 lakh crore during this period.
In fact, the way lower circuit has been imposed in the prices of crude oil in the international market, its effect is being seen in Sensex and Nifty. Crude oil of Gulf countries is trading with a decline of about 7 percent. On the other hand, the rupee is also showing a rise against the dollar.
There has also been news that Trump has put brakes on Project Freedom. Under which the ships stranded in Hormuz were to be rescued. Trump says progress has been made in peace talks with Iran. Due to which there is a bullish atmosphere in the Indian stock market. Banking stocks are seen becoming rockets. In which banks like HDFC, SBI are seen trading with a growth of about 3 percent…
Sensex and Nifty become rockets
Sensex and Nifty started rising in the stock market after around 1 pm and appeared at the peak of the day at around 3 pm. Bombay Stock Exchange's main index Sensex crossed the level of 78 thousand points during the trading session. If we look at the data, there was a rise of 1,004.99 points in Sensex and the figure reached the level of 78,022.78. Whereas during the morning trading session, there was a decline after the rise and the Sensex fell by 244.54 points and reached 76,773.25 points.
On the other hand, the main index of National Stock Exchange, Nifty, also rose by about 325 points during the trading session and reached 24,356.50 points. Earlier, a big fall was seen in Nifty and the figure appeared at 23,997.90 points. Since then, Nifty has seen a rise of 358.6 points. If experts are to be believed, there may be further rise in Sensex and Nifty in the coming days.
huge benefits for investors
The loss and profit of stock market investors depends on the market cap of BSE. On Wednesday, when Sensex was at the lower level of the day, the market cap of BSE was seen at Rs 46,566,167.33 crore. After that, in about 130 minutes, Sensex appeared at the peak of the day and the market cap of BSE came to Rs 47,309,021.28 crore. This means that the market cap of BSE increased by Rs 742,853.95 crore in 130 minutes. This is the income of stock market investors. If the growth continues like this, then the market cap of BSE will once again reach the level of 5 trillion dollars. At present this figure stands at 4.97 trillion dollars.
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