Great boom in the market, Bank Nifty closed above 24200!
The indian stock market has shown a great recovery from the lower levels and has managed to close the business with a gain, covering all the decline seen yesterday. If yesterday bank Nifty showed a decline of about 500-600 points, then today it has given some relief to the investors by showing a great trade close with a recovery of about 1000 points.
At what higher level did the stock market close?
BSE's Sensex closed at 79,476.63 with a jump of 694.39 points or 0.88 percent. NSE's Nifty closed at the level of 24,213.30 with a jump of 217.95 points or 0.91 percent.
How did the business close in bank Nifty?
In the morning, bank Nifty was seen at the level of 51102 immediately after the market opened. Today, the recovery of the market gave it a tremendous reversal and it has given relief to the investors by closing with a jump of about thousand points. Today, on Tuesday, in the stock market, bank Nifty has shown a strong rise of 992 points or 1.92 percent and traded at the level of 52,207.
Situation of Sensex shares
Out of 30 shares of BSE Sensex, 21 shares closed with a jump and 9 shares closed with a decline. JSW Steel closed 4.72 percent up while Tata Steel closed 3.64 percent up. Axis bank managed to close 2.73 percent up, hdfc bank 2.56 percent up and IndusInd bank 2.49 percent up. The country's largest public sector bank SBI closed up 2.33 percent.
Market capitalization of BSE
The market capitalization of BSE closed at Rs 444.77 lakh crore and it has seen a good jump compared to yesterday. 4058 shares were traded on BSE, out of which 2468 shares rose and 1478 shares closed with a decline. 112 shares closed with no change.