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The market changed in 140 days, these shares were trading at 70 to 80 thousand rupees.

Sagar Patel

By Sagar Patel

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The stock market crossed the 80 thousand level for the first time on Wednesday. The special thing is that it took only about 140 days for the Sensex to reach the level of 70 thousand to 80 thousand points. Where on one hand Sensex was riding the horse of speed. There were some stocks that took advantage of this momentum and became rockets. Who spared no effort to expand their fleet based on the rise of Sensex. Included are many stocks like Cochin Shipyard, Hitachi, HUDCO and Oracle Financial Services. In which a rise of up to 250 percent was seen. Let us also tell you which stocks saw the maximum rise amid the record speed of Sensex.

Increase of 10 thousand points in about 140 days

The main index of the Bombay Stock Exchange, Sensex, was trading at a record level for the first time. According to the data, on Wednesday the Sensex crossed the 80,000 mark for the first time. What is special is that it took only about 140 days for the Sensex to move from 70 thousand to 80 thousand points. According to the data, on December 11, 2023, Sensex had reached this milestone for the first time with 70,000 points. After about 140 days of trading, Sensex crossed the 80 thousand point level. This means that a rise of 10 thousand points was seen.

A tremendous increase in these shares was observed.

  1. Cochin Shipyard: Since December 11, Cochin Shipyard shares have given the highest return of around 254 percent.
  2. HUDCO: The company’s shares have increased threefold over the past 140 trading days and have yielded a return of 205 percent.
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  4. Hitachi Energy India: In Sensex’s journey from 70 thousand to 80 thousand, a 177.5 per cent surge has been seen in Hitachi Energy shares.
  5. Oracle Financial Services Software: OFSS shares have seen a 143 percent increase from December 11, 2023 to the close on July 2.
  6. Bharat Dynamics: Defence PSU Bharat Dynamics stock has given its investors a return of 135 per cent.
  7. Schneider Electric Infrastructure: Over the past 140 trading days, Schneider Electric shares have seen a rise of 132.6 percent.
  8. Vikas Nigam Railways Limited: By the close of trading on July 2, Defense Railway shares had seen a tremendous 130 percent increase.
  9. India Petroleum Limited: Shares of the state-owned company have returned more than 100 percent since December 11.
  10. Amara Raja Energy and Mobility: During Sensex’s journey from 70 thousand to 80 thousand, a 121 per cent surge was seen in Amara Raja stock.
  11. Aegis Logistics: Over the past 138 trading days, Aegis Logistics shares have risen 118 percent on the charts.

The stock market at a record level

On Wednesday, there was tremendous growth in the stock market with Sensex and Nifty closing at record highs. During the trading session, the Sensex closed marginally lower after touching the historic 80,000 mark for the first time. Nifty also hit its all-time high with a gain of 162 points. The BSE’s 30-share benchmark Sensex index breached the historic 80,000 mark for the first time at the start of trading. By the end of the day, it jumped 545.35 points or 0.69 per cent and closed at 79,986.80. At one point, it had touched a record high of 80,074.30 with a jump of 632.85 points.

Sensex thus continued its record-breaking performance of the past few days. Sensex had breached the 78,000 level for the first time on June 25 and 79,000 on June 27. The National Stock Exchange (NSE) Nifty rose 162.65 points or 0.67 per cent to close at an all-time high of 24,286.50. During the trading, it had risen 183.4 points to hit a new high of 24,307.25.

Market capitalization at record level

With the stock market surging on Wednesday, the market capitalisation of BSE-listed companies touched a record high of Rs 445.43 lakh crore. With this surge, the market capitalisation (Mcap) of BSE-listed companies touched an all-time high of Rs 4,45,43,642.29 crore (Rs 5.33 lakh crore). If we talk about Wednesday, an increase of Rs 3.30 lakh crore has been observed in the BSE market cap. While in the three trading days of July, an increase of Rs 6.40 lakh crore was observed in the BSE market cap.

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,

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