new Delhi. Today the stock market has started well due to the boom in global markets and the rise in the price of crude oil. The market has gained momentum for the third consecutive day. Because of which the Sensex is trading beyond the 46,750 mark. While the Nifty 50 is seeing a gain of 13,700 points. Today ONGC shares are seeing a gain of 4%. At the same time, shares of Tata Motors and Bajaj Auto are also trading rapidly. The shares of telecom companies have boosted the market. According to experts, if a similar boom is observed in the coming days, the market will once again cross the level of 47 thousand.
Shanda starts of stock market
For the third consecutive day, there was a great opening of the stock market. The Bombay Stock Exchange’s leading index Sensex is trading at 46750.41 points with a gain of 306.23 points. While the National Stock Exchange’s leading index Nifty 50 is trading up by nearly 100 points and is trading at 13700 points. BSE Small Cap 203.42 and BSE Mid-Cap are trading up 147.73 points. While the foreign investors index CNX Midcap is trading with a gain of 170.40 points.
Profit recovery in IT and Tech
While on one hand there is good growth in all sectors. On the other hand, IT and tech sector is seeing profit recovery. The IT sector is trading down by about 90 points. The tech sector is witnessing a decline of 9.22 points. While the Bank Exchange and Bank Nifty are seeing gains of 375.04 and 329.20 points respectively. BSE Auto is trading with a gain of 237.65 points. Consumer durables is trading 298.94 and oil and gas are up 233.21 points. BSE Metal 224.05, Capital Goods 149.16, BSE FMCG 104.74, BSE Healthcare 104.64 and BSE PSU are trading up 91.69 points.
Rising and falling shares
Talking about the first rising stocks, ONGC shares are seeing a gain of about 4 per cent. At the same time, Tata Motors stock is trading with a gain of 3 percent. Bharti Airtel, Gail India and Bajaj Auto are seeing a gain of 2 per cent. On the National Stock Exchange, shares of Infosys and Wipro are trading down by about 1 per cent.