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Home Business

Stock market on new peak

by bbnews
November 24, 2020
in Business
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The domestic stock market reached its all-time high today amid better global cues. Both the Sensex and Nifty indices have made new records in the business. The Sensex rose by nearly 500 points in today’s trading to 44600 levels. At the same time, the Nifty also reached beyond 13050. There was a record closing of both indices at the end of trading. The Sensex gained 446 points today and closed at the level of 44523. At the same time, the Nifty gained 129 points and closed at the level of 13055. In today’s business, good shopping is being seen in the market. Bank and financial stocks are rising today. Auto, IT, metal and realty stocks also rose. Talking about global signs, change of power has started in America. US markets have gained momentum as political instability has reduced. At the same time, shopping has been done in Asian markets as well.

In today’s trade, 24 stocks of Sensex 30 have seen a boom. 6 closed in red mark. Axis Bank, M&M, HDFC Bank, ITC, SBI, ICICI Bank, Maruti and Kotak Bank are today’s top gainers. While HDFC, Titan, Nestle India, Airtel, ONGC and Infosys closed weakly.

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There is an all-round rise in the stock market in today’s business. All 11 major Nifty index closed in the green mark. Bank index is up more than 2 percent and Auto and Realty index is up about 2 percent. The financial index has also strengthened by 1.5 percent. Metal and Pharma indices have strengthened by more than 1 percent. IT and FMCG have also closed in the green mark.

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