Record rise in stock market

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Record rise in stock market

Mumbai. Amidst continuous decline and fluctuations, the Bombay Stock Exchange (BSE) Sensitive Index reached a record high of 83,116 on Thursday. Nifty also made a record of 25,433. However, later both these indices came down a bit and the BSE Sensitive Index of 30 shares rose 1,439 points i.e. 1.77 percent to 82,962 and Nifty rose 470 points i.e. 1.89 percent to close at 25,388. Due to this rise in the stock market, investors earned six lakh 40 thousand crores rupees in a day.

Metal, IT, auto and bank shares rose the most in Thursday’s trade. Due to this rise in the stock market, the wealth of investors has increased by about 6.40 lakh crores. The market cap of BSE was Rs 4,60,76,150 crores on Wednesday which increased to Rs 4,60,76,150 crores on Thursday. Reliance, HDFC Bank, Bharti Airtel and Infosys made the market rise the most. Whereas, Nestle India was the only stock that declined. In the Asian markets, from Japan, Hong Kong, Korea to Shanghai of China, all the stock markets rose.