The stock market has been booming amid strong domestic and global signals. After the fall of last week, the market got a great recovery on 1 March. In intraday, the Sensex again crossed the 50 thousand mark and strengthened to the level of 50,058. Last week, the GDP data on Friday has been showing optimism about the economy, due to which the market sentiment has strengthened. Currently, the Sensex has gained 750 points at the end of trading and closed at the level of 49,849.84.
At the same time, the Nifty also closed at 14762 level by gaining 232 points. The business has seen strong action in auto, IT, bank and financial stocks. Shares such as Powergrid and ONGC are up 6 per cent. Airtel is down about 4 percent. Talking about global signals, today there is a boom in the major Asian markets. On Friday, the Dow Jones lost 469.64 points and closed at the level of 30,932.
In today’s trade, 29 stocks of Sensex 30 have seen a boom. Powergrid and ONGC have seen an increase of about 6 percent. Ultratech Cement, Asian Paints, Kotak Bank, Titan Company, HDFC, HCL Tech, Maruti and Tech Mahindra are among today’s top gainers. Today there is more than 4 per cent decline in Airtel.
