Business

The Stock Market Started With A Rise Again On Wednesday

The stock market started with a rise again, three dozen stocks including Tata Steel rose.

Sensex had a good start on Wednesday. The market opened with an increase of 56067 points. During the business, he made a high of 56188 points.

More than three dozen stocks including Tata Steel, NTPC, Nestle were on the green mark. At the same time, Nifty was also trading 56 points up at 16681 points.

Earlier, the wealth of equity investors had increased by over Rs 2.79 lakh crore with the 30-share Sensex of the major stock exchange BSE closing at a record high on Tuesday.

The market capitalization of companies listed on BSE had risen to Rs 2,40,47,079.99 crore on Tuesday as against Rs 2,37,67,773.84 crore on Monday.

In a single day, market valuations rose a little over Rs 2.79 lakh crore and 139 companies listed on the BSE touched their 52-week highs on Tuesday.

Sensex and Nifty hit record highs, driven by heavy buying in banking, finance, and metal stocks coupled with a global rally.

While the Sensex closed its all-time high of 55,958.98, up 403.19 points or 0.73 percent, the Nifty also closed at an all-time high of 16,624.60, up 128.15 points or 0.78 percent.

The stock market started with a rise again: The Sensex had crossed the 56,000 mark for the first time in the day’s trading on August 18, reaching 56,118.57.

The BSE Sensex had touched 50,000 for the first time on January 21, 2021, and closed above 50,000 on February 3.

It touched 51,000 on 5 February, closed above 51,000 on 8 February, and crossed 52,000 on 15 February.

It touched 53,000 on June 22, closed above 53,000 on July 7. The Sensex crossed the 54,000 mark on 4 August and 55,000 on 13 August.

Big fall in the futures rate of Gold-Silver, the precious metal is getting this price today

There was a big fall in gold and silver on Wednesday. On MCX, gold for October delivery was trading lower by Rs 224 from the level of Rs 47612 per 10 grams.

Its price had come down to Rs 47388 per 10 grams.

On the other hand, silver for September delivery was down by Rs 387 per kg to Rs 63087. On Tuesday, it closed at Rs 63,474.

Silver for December delivery broke even more. Till the time of writing the news, its rate was running down by Rs 347 to Rs 63850 per kg.

Turnover of so many lots.

On Tuesday, gold for delivery in October had a business turnover of 11,947 lots on the Multi Commodity Exchange.

On the other hand, silver futures contracts for delivery in September were traded for 8,115 lots.

daknewsnetwork

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