Stock Market Latest Update: Today, for the third consecutive day after the budget, the stock market witnessed a spectacular rise in the stock market. Both Sensex and Nifty are sharply open. The stock market showed an increase of over 2300 points on Budget Day.
- After the budget, the stock market is seeing a big boom today.
- Both the Sensex and the Nifty are constantly moving upwards.
- Yesterday, the stock market rose nearly 1300 points.
- Even on Budget Day, the stock market has gained more than 2300 points.
Stock Market Latest Update: Today, for the third consecutive day after the budget, the stock market is booming. Both Nifty and Sensex are looking upwards. The Sensex is again up over 50 thousand. The Sensex opened with a gain of 434 points at 50,231 points, up from 49,797 in the previous session. In the early trade, the Sensex gained 50,231 points and 49,515 points. On the other hand, the Nifty opened at 14,754 points with a gain of 107 points, which closed at 14,647 points in the previous session. In the early trade, the Nifty gained 14,754 points and touched 14,574 points. However, within a few minutes, the stock market hit a red mark.
Yesterday, the stock market also witnessed a spectacular rise
Due to the budget, there was a historic boom in the stock market on Monday, which remains Tuesday. The BSE Sensex rose 1197 points, or 2.46 per cent, to 49797.72 on Tuesday. The National Stock Exchange’s Nifty also rose by 367 points, or 2.57 per cent, to 14648 points. The Sensex had gained 50154.48 points and 49193.26 points in the trading. UltraTech Cement, SBI, HDFC Bank and L&T were up 5 to 7 per cent each. On the Nifty stocks, Mr Cement, Tata Motors and Hindalco rose 6 to 15 per cent.
Today, keep an eye on Tata Consumer, Infosys and Ajanta Pharma shares
On Budget Day, the stock market rose 2315 points
BSE SENSEX closed 2314.84 points, or 5 per cent higher, at 48600.61 as of yesterday’s budget. The Nifty closed at 14281.20 with a gain of 4.74%, or 646.60 points. This is the first time that the market has been tightly closed in Sitaraman’s budget. The market closed on two of their previous budgets. IndexInd Bank has gained 15 per cent in Sensex shares. Only three out of 30 Sensex stocks fell. Growing investors in the stock market are worth Rs 5.2 lakh crore in a single day. The BSE market cap rose to Rs 191.32 lakh on Monday. During this period, the Sensex touched a low of 46433.65 and a high of 48764.40.
The stock market’s eye was only on the budget
The domestic stock market has fallen continuously this time in the last six trading sessions before the budget is presented. As a result, around Rs 11.58 lakh of investors have sunk. The Sensex on the Bombay Stock Exchange had lost nearly 3500 points in the last six trading sessions. Similarly, the Nifty on the National Stock Exchange lost nearly 1010.10 points. On January 21, the Sensex crossed a record high of 50 thousand, but investors have made huge gains since then. So everyone’s vision of what’s going to happen in the stock market on Budget Day.