Stock Market Closing: With the victory of Donald Trump in the US presidential election, futures in the US market seem to be buzzing. There have been excellent signals in the domestic stock markets today on the basis of huge buying of IT and bank shares. Two consecutive days have proved to be very good for the stock market and Sensex has closed with a jump of 900 points. Due to strong buying in the Indian market, Nifty has risen by about 600 points in two days, which is supporting the tremendous recovery.
How was the closing of the Indian market?
BSE Sensex closed at the level of 80,378.13 with a rise of 901.50 points or 1.13 percent. Out of this, NSE’s Nifty closed at 24,484.05 with a significant gain of 270.75 points or 1.12 percent. A huge rise was seen in 2118 stocks in Nifty and Adani Enterprises closed with a rise of 4.5 percent. There was a decline in 503 shares in the stock market and out of these, the shares of HDFC Life recorded a decline.
Situation of Sensex shares
26 out of 30 stocks of BSE Sensex have seen trading with a rise. There are only 4 shares which are trading on decline. Among the rising stocks in Sensex, TCS closed up by 4.21 per cent, Infosys by 4.02 per cent, Tech Mahindra by 3.85 per cent, HCL Tech by 3.71 per cent. Shares of Adani Ports, L&T, Sun Pharma, Maruti, Reliance Industries are also seeing strong trading.
How was the closing of NSE shares?
Trading closed with a rise in 41 out of 50 stocks of NSE Nifty and a fall in 9 stocks. Among the rising stocks, Bharat Electronics Limited (BEL), Adani Enterprises, Wipro, HCL Tech and TCS are seeing a rise.
Market capitalization of BSE was excellent
If we look at the market cap of BSE, it has come to Rs 452.61 lakh crore and out of 4063 shares traded, 2999 shares closed with gains. Weakness was seen in 969 shares and trading closed with no change in 95 shares.
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