Share market: Investors' wealth increased by 5.79 lakh crores, Sensex crossed 721 points, Adani Transmission rose by 9%, SBI shares rose by 4%!
After 4 days of decline in the market, on the very first day of this week, on this Monday, December 26, there was a rise in the stock market at the rate of 77. The Sensex 721 rate stopped at the level of 60,566, 24 out of 30 stocks of the Sensex saw gains and only 6 stocks declined.
SBI-IndusInd Bank in Top Gainer.
Nifty 10 stocks declined including Cipla, Divis Lab, Dr Reddy's, Nestle India, Kotak Bank, as well as Apollo Hospitals. And SBI, IndusInd Bank, Hindalco, Coal India, Bajaj Finserv, Tata Steel, Axis Bank were among 40 Nifty stocks that saw gains.
PSU Bank Sector gained 7.29%.
The PSU bank sector has gained the most with a gain of 7.29% in the banks, media, metal, private banks and realty sectors with gains of over 2% and the auto financial services sector with gains of over 1%, FMCG and IT sectors. So there has been a slight increase in this, where only if seen, there is a decline in the pharma sector.
Increase in the wealth of the investors.
The market cap of all the companies included in BSE increased by Rs 5.79 lakh crore to reach Rs 277.91 lakh crore. Last Week Friday decreased by Rs 8.43 lakh crore and reached 272.12 lakh crore, on December 14 it was at 291.25 lakh crore.
Fear of Corona became the reason.
Due to the fear of Corona, the market fell significantly, the Sensex came down by 1,636 points i.e. 2.66%, the Nifty fell by 472.65 points i.e. 2.59%, and now on last Friday i.e. December 23, the Sensex closed at 59,845, down 980 points. . And let's talk about Nifty, which fell 320 points and reached the level of 17,806.
rise in gold and fall in silver
Gold has increased in the past, on the other hand, the price has increased in the bullion market, silver has become cheaper by Rs 69 and has come to Rs 67,753 per kg. It was seen in the website of India Bullion and Jewelers Association (IBJA) that 24 carat gold is Rs 54,386 per 10 kg. The gram fell and the rupee strengthened by 16 paise against the dollar.
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