Breaking India State Business Entertainment Biography Lifestyle

Stormy rise in stock market continues, 18 million investors made Rs 2.71 lakh crore in 45 minutes

Sagar Patel

By Sagar Patel

Published on:

Market share

The stock market is witnessing a stormy rally for the fourth consecutive day in July. Due to which both Sensex and Nifty have touched new record highs. The special thing is that in just 45 minutes of the trading session on Thursday, investors earned Rs 2.71 lakh crore. The special thing is that so far in the month of July, around 18 crore investors from the country have earned around Rs 9 lakh crore. Aada also tells you what kind of numbers are being seen in the stock market.

The stock market at a record level

The stock market continues to break records. On the fourth trading day of July, both Sensex and Nifty hit new highs. The main index of the Bombay Stock Exchange, Sensex, has hit a record high of 80,392.64 points with an increase of 405.84 points. While on Thursday, the Sensex opened at 80,321.79 points. At present, at 10:45 am, the Sensex is trading at 80,095.58 points with an increase of 109 points. In the month of July, Sensex witnessed an increase of 1.72 per cent.

On the other hand, the main index of the National Stock Exchange Nifty also hit a new record high during the trading session. According to the data, Nifty hit a record high of 24,401 points with an increase of 114.5 points. However, on Thursday Nifty opened at 24,369.95 points. Currently, at 10:50 am, Nifty is trading at 24,322.05 points with an increase of 36 points. In the month of July, it registered an increase of 1.62 percent.

read this too

Which stocks have gains and losses?

On Thursday, among the companies listed on Sensex, shares of Tata Motors, ICICI Bank, Mahindra & Mahindra, Infosys, HCL Technologies and Tata Consultancy Services are seeing the biggest gains. On the other hand, there is a fall in the shares of HDFC Bank, IndusInd Bank, Adani Ports and Special Economic Zone and Bharti Airtel. If experts are to be believed, the rise in banking and IT stocks may continue in the coming days.

boom in foreign markets

In Asian markets, South Korea’s Kospi and Japan’s Nikkei posted gains, while China’s Shanghai Composite and Hong Kong’s Hang Seng posted losses. US markets closed on Wednesday with a positive trend. Markets will remain closed on Thursday in observance of Independence Day. Global benchmark Brent crude futures were trading 0.60 per cent lower at $86.82 per barrel as foreign institutional investors (FIIs) remained buyers in the capital market on Wednesday and scooped up Rs 5,483.63 crore, according to stock exchange data.

Great benefit for investors

On the other hand, foreign investors made huge profits on Thursday. During the 45-minute trading session, investors made a profit of Rs 2.71 lakh crore. However, the market capitalisation of the BSE is linked to the profits and losses of investors. A day earlier, the market capitalisation of the BSE was Rs 4,45,43,642.29 crore. Which increased to Rs 4,48,14,510.04 crore by 10 am on Thursday. However, in the month of July, investors made a profit of about Rs 9 lakh crore.

Sagar Patel

Sagar Patel

I am Sagar Patel, specializing in business news reporting. With a keen focus on economic trends, market analysis, and corporate developments,

Related Post

Leave a comment

x