Historic rise in Indian stock market, Sensex-Nifty open at record high – ..

The Indian stock market has seen a historic rise and the domestic market has opened at a new record high. Sensex-Nifty has created a new history. Sensex-Nifty have made a new all-time high for the third time in just 10 days. Bank Nifty touched an all-time high of 48,800 and the midcap index crossed the 50,000 level for the first time.

How did the stock market begin?

The BSE Sensex opened at a record high of 74,413.82, up 537 points or 0.73 per cent, its highest ever level. NSE’s Nifty opened at 22,592.10 with an impressive gain of 157.45 points or 0.70 percent.

Sensex-Nifty opened at record high

28 out of 30 Sensex stocks were trading higher and only 2 stocks were trading lower. Out of 50 stocks on NSE Nifty, 45 stocks were trading higher, while only 5 stocks were trading lower.

Bank and metal shares shine

Banking and metal stocks are strong and are the biggest support in taking the market towards a big rally today.

Market cap very close to Rs 400 lakh crore

Market cap on BSE is Rs. Has reached Rs 399.99 lakh crore. 400 lakh crore is standing at the brink of MCAP. This is a historic achievement for the stock market and the Indian stock market has reached an excellent position.

Which stocks are rising?

HDFC Bank is giving a big lead to the market by rising 2.25 percent on BSE Sensex. There is a rise of 1.28 percent in NTPC and 0.89 percent in Axis Bank. Power Grid improved by 0.73 percent and Kotak Mahindra Bank improved by 0.65 percent. Apart from this, many Tata shares are rising like Tata Steel, Tata Motors, Titan, TCS, UltraTech Cement, JSW Steel, Nestle, Infosys, Asian Paints, M&M, HUL and L&T.