After a long holiday, the market has started the week with great speed. The Sensex has gained more than 375 points. At the same time, the Nifty also closed at around 10950, putting a century. Today, all the shares of the bank Nifty were bought and the market received support from here. Bank Nifty has managed to close 450 points today. Mid-cap stocks have also fueled the market where the mid-cap index has gained 350 points. NBFC shares have seen good shopping today. Shares of Reppco Home Finance, India Bulls Housing Finance, Ujjivan and Edelweiss Financial, saw strong growth today. In fact, the National Housing Bank has proposed to increase the CER (Capital Compensation Ratio) and reduce the borrowing limit for housing finance companies. The NHB has sought suggestions on this proposal till March 31.
In the mid-caps and smallcap shares, along with legendary shares, they also saw good shopping. BSE's mid-cap index closed at around 14,794.30 with a rise of 2.01 per cent. BSE's Smallcap index closed at a record high of 14,416 with a strong rise of 3.11 per cent.
Oil and gas shares have also seen strong growth today. BSE's oil and gas index has been able to close with a 2.75 per cent surge.
Banking stocks were today heavily traded, which led to the bank nifty closing at 27,554.05 with a strong rise of 1.89 per cent. In today's business, both PSU and Pvt. Banks have seen tremendous purchases. At the turn of the business, the Nifty's PSU bank index closed at 2.25 per cent and the private bank index rose by 2.07 per cent.
Indiabulls Housing, Tata Motors, Eicher Motors and HPCL are among the most growing stocks in today's business. At the same time, Tech Mahindra, Wipro, Infosys and Jee Entertainment saw the worst decline.
Auto, metal, realty and pharma stocks have seen strong growth in today's trade. Nifty's auto index was up 3.13 percent, metal index 2.65 percent, realty index 2.00 percent and pharma index rose nearly 1 percent. However, today IT stocks have seen a huge decline. Nifty's IT index closed with a weakness of 1.16 percent.
At the turn of the business, the BSE 30-share index Sensex closed at 37,807 points, or 1.05 per cent, at 36,442.54 level. On the other hand, NSE's 50-share index Nifty closed 123.95 points, which is 1.14 per cent higher at 10,987.45.
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In the mid-caps and smallcap shares, along with legendary shares, they also saw good shopping. BSE's mid-cap index closed at around 14,794.30 with a rise of 2.01 per cent. BSE's Smallcap index closed at a record high of 14,416 with a strong rise of 3.11 per cent.
Oil and gas shares have also seen strong growth today. BSE's oil and gas index has been able to close with a 2.75 per cent surge.
Banking stocks were today heavily traded, which led to the bank nifty closing at 27,554.05 with a strong rise of 1.89 per cent. In today's business, both PSU and Pvt. Banks have seen tremendous purchases. At the turn of the business, the Nifty's PSU bank index closed at 2.25 per cent and the private bank index rose by 2.07 per cent.
Indiabulls Housing, Tata Motors, Eicher Motors and HPCL are among the most growing stocks in today's business. At the same time, Tech Mahindra, Wipro, Infosys and Jee Entertainment saw the worst decline.
Auto, metal, realty and pharma stocks have seen strong growth in today's trade. Nifty's auto index was up 3.13 percent, metal index 2.65 percent, realty index 2.00 percent and pharma index rose nearly 1 percent. However, today IT stocks have seen a huge decline. Nifty's IT index closed with a weakness of 1.16 percent.
At the turn of the business, the BSE 30-share index Sensex closed at 37,807 points, or 1.05 per cent, at 36,442.54 level. On the other hand, NSE's 50-share index Nifty closed 123.95 points, which is 1.14 per cent higher at 10,987.45.
For more information Best Advisory Company in Indore
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