New Delhi. On Monday, there was a strong recovery in the domestic stock market due to encouraging signals from foreign markets and GDP data released last week. During the early trade, the Sensex rose by nearly 800 points to 49,798 during the previous session and the Nifty rose by over 200 points to 14,732. Market investors have gained Rs 2.80 lakh crore due to the boom in the market. According to experts, the bond market is getting cold due to the possibility of relief package coming soon in America. Because of which there is an environment of boom in the stock market.
Stock market boom
Forgetting Friday’s big fall, the stock market today took a quantum leap and turned to recovery. The major index of the Bange Stock Exchange, the Sensex is trading at 49,818.81 points with a gain of 718.82 points. While the National Stock Exchange’s leading index Nifty 50 is trading at 14,738.65 points with a gain of 209.50 points. BSE Small Cap 264.09, BSE Mid-Cap 223.33 and Foreign Investors Index CNX Midcap are seeing a gain of 275.80 points.
Boom in sectoral index
Today the sectoral index is also seeing a boom. BSE Auto 471.20, Bank Exchange 608.70, Bank Nifty 505.50, Capital Goods 183.28, Consumer Durables 703.86, BSE FMCG 79.16, BSE Healthcare 195.27, BSE IT 473.40, BSE Metal 129.61, Oil & Gas 262.05, BSE PSU 135.24 and BSE Tech 169.97 points. Is doing business at a fast pace.
Rising and falling shares
Mahindra and Mahindra is trading at 4.01 per cent, Power Grid Corporation of India 3.99 per cent, ONGC 3.83 per cent, Tech Mahindra 3.72 per cent, UPL 3.63 per cent. On the other hand, Bharti Airtel is losing 2.15 per cent, SBI Life Insurance Company 1.04 per cent and Hindalco Industries 0.46 per cent.