New record reached today in the stock market
The US Federal Reserve has cut its policy rate by 0.50 per cent after almost four years. Following this, the Indian stock market was expected to reach new heights and this expectation was fulfilled on Friday. BSE Sensex hit an all-time high of 84,694.46 points and closed at 84,544.31 points. During this period, some stocks became “heroes” in the stock market and some also became “zero”.
Investors earned over Rs 6 lakh crore
If we look at the BSE Sensex data, on Friday, those who invested in the stock market earned Rs 6 lakh crore in a single day. Due to the bullish trend in the market, the market capitalisation of listed companies increased rapidly. It became Rs 472 lakh crore on Friday, which was Rs 466 lakh crore on Thursday.
Similarly, Nifty 50 also achieved a new record high. It closed at 25,790.95 points with a gain of 375 points. While during trading it hit a new record high of 25,849.25 points.
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More than 250 stocks hit new highs
Another record was set on the stock market today. 265 stocks were listed on the BSE, the price of which hit a one-year high on Friday. These stocks hit a 52-week high on Friday. Many major stocks were also included in these 265 stocks.
Included in this category were stocks of ICICI Bank, Bharti Airtel, Hindustan Unilever, Bajaj Finserv, JSW Steel, Zomato, Bajaj Holdings, Britannia Industries, Marico, Eicher Motors, Havells, Indian Hotels, PI Industries, Trent and United Spirits.
Today’s ‘Hero’ and ‘Zero’ stocks
The ‘hero’ stock of today was Mahindra & Mahindra. On BSE it closed at Rs 2,952.25 with a gain of 5.57 per cent, while on NSE it closed at Rs 2,946.25 with a gain of 5.32 per cent.
Not only this, the biggest ‘zero’ stock on NSE was Grasim, which fell 2.33 per cent and closed at Rs 2,675. The biggest fall was in SBI stock on BSE. It fell 1.07 per cent and closed at Rs 781.90.
