After 226 days, the stock market level increased to 40 thousand, the Sensex rose by more than 430 points.
new Delhi. Apart from news of good quarterly results and share buybacks of the country’s IT companies, the Indian stock market crossed the 40 thousand mark after February 25 due to a surge in overseas markets after Trump’s support package to give relief package to the aviation sector. Has succeeded in doing. At the same time, the Nifty 50 is seeing a rise of 11860 points. According to experts, if the boom continues like this, on Friday the Nifty can also cross the 12 thousand mark. In fact, the shares are seeing a gain of about 5 per cent due to the quarterly results of the IT company coming out better than expected. On the other hand, Wipro is trading with a jump of 6 per cent on the news of buyback of shares. Because of which the stock market is seeing more boom.
Stock market turns 40
The Indian stock market has reached the level of 40 thousand after 226 days, leaving behind the effect of corona virus. The Bombay Stock Exchange’s flagship index Sensex is trading at 40,333 points, up by 453 points. The Sensex was last seen on February 25 at the level of 40 thousand. The market closed that day at 40281 points. On the other hand, the National Stock Exchange’s leading index Nifty is trading at 11864 points with a gain of 125 points. According to experts, after the RBI monetary policy, the Nifty is expected to touch 12,000 levels.