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RIL and Auto Shares close sharply at 6-month high

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RIL and Auto Shares close sharply at 6-month high 1

new Delhi. Today the share market has closed at a height of 6 months. This is seen for the first time after 27 February, when the Sensex (Sensex) has closed after crossing the 39 thousand mark. At the same time, the Nifty 50 has closed beyond 11,500. According to experts, the signs of GST reduction in two wheelers have given a boost to auto companies. On the other hand, Reliance Industries share price of the country’s largest company (Reliance Industries Share Price) has seen an increase of about 3%. The effect of which has also been seen on the stock market. At the same time, other corona virus vaccine progress is being seen. Because of which investors are seeing trend in equity markets.

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The biggest strength of 6 months in the stock market
Today, the stock markets closed with a strong 6-month strength. The Bombay Stock Exchange’s leading index Sensex gained 230.04 points to end at 39073.92 points. Earlier, the Sensex closed at 39,745.66 points on February 27. On the other hand, Nifty 50, the main index of the National Stock Exchange, has closed at 11549.60 points with a gain of 77.35 points. Whereas on February 27, the last appeared more than 11,500 points. Both BSE Small Cap and BSE Mid-Cap closed up by 101.88 and 56.94 points respectively. On the other hand, CNX Midcap index of foreign investors has closed at 89.80 points.

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Boom in auto sector
Today, there is a boom in both the auto and IT sectors. The auto sector closed with a gain of 270.24 points. At the same time, the IT sector has seen an increase of 185.01 points. Bank exchanges closed with a gain of 393.38 and Bank Nifty by 322 points. BSE Metal 46.75, Oil and Gas 71.09, BSE PSU 12.65 and BSE Tech 49.58 points to close the gains. Capital goods 62.42, Consumer durables 9, BSE FMCG 11.07, BSE Healthcare closed down by 15.79 points.

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Auto stocks rise
Auto stocks have seen a boom in the stock market today due to signs of a fall in GST rates. Tata Motors closed with a gain of 8.50 per cent. On the other hand, Hero MotoCorp shares closed up 6.43 per cent. IndusInd Bank gained 5.81 per cent, Zee Entertainment Enterprises 5.78 per cent and Reliance Industries 2.65 per cent. On the other hand, Bharti Airtel is down 2.68 per cent, Ultra Tech Cement 2.22 per cent, Britannia Industries 1.73 per cent, Asian Paints 1.46 per cent and Maruti Suzuki India 1.42 per cent.

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