Stock Market News: The Bombay Stock Exchange’s flagship index Sensex opened 359.87 points, or 0.70 per cent, at 51,904.17 level and it crossed 52000. The stock market has been seeing a boom since the budget 2021-22.
Stock Market News: The stock market has once again set a new record. The Bombay Stock Exchange’s flagship index Sensex gained 363.45 points to open at 51,907.75 and rose to 52,036.14, while the Nifty rose by 107 points to 15,297.10 after opening. Experts say that there is a strong trend in the domestic stock market due to strong signals from foreign markets. After the general budget, there has been a tremendous recovery in the domestic stock market and a strong increase has been recorded at the weekly level for two consecutive weeks.
Stock market condition
The Sensex was trading at 52,022.57 with a gain of 478.27 points, or 0.93 per cent, from the previous session at 9.23 am, while the Nifty was up 128.30 points or 0.85 per cent from the previous session at 15,291.60. The 30-share Sensex Sensex based on the Bombay Stock Exchange (BSE) opened with a gain of 363.45 points at 51,907.75 from the previous session and rose to 52,036.14, while the Sensex closed at 51,886.46.
The 50-share Sensex Nifty of the National Stock Exchange (NSE) opened at 15,270.30, up 107 points from the previous session, and rose to 15,297.10, while the Nifty closed at 15,243.40 in early trade.
January’s wholesale inflation data will be released today
Let us know that the wholesale inflation data for the last month of January will be released today, which will be looked at by investors. However, earlier this week, the market reaction will be seen in the first session of the week, after the market closed on Friday, the encouraging data for December production of industrial production and the decline in retail inflation in January. In December last year, industrial products registered a growth of 1.04 percent and retail inflation in January this year was 4.06 percent.
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