Share Market News / Nifty at all time high, market showed strength, Sensex reached 75 thousand

Vikrant Shekhawat : May 23, 2024, 01:48 PM
Share Market News: PM Modi had said in a media conversation that let the election results come, the market will break all its records. Even the last phase of elections have not taken place yet. The market has started showing its form. Sensex has crossed 75 thousand while Nifty has crossed the all time high. Nifty has touched its highest figure of 22,841 in today's trading session.

Regarding the ongoing boom in the market, Senior Vice President of Geojit Financial Services, Gaurang Shah said that people are looking more willing to invest due to the election results. Because of this the market is touching all time high. He said that the ongoing bullish stability of the market can be seen after the exit polls come on June 1. There is still a possibility of growth in this.

The rise was visible as soon as the market opened

Let us tell you that from the moment the market opened today, a bullish trend started appearing in the market. BSE's 30-share index Sensex rose 41.65 points to 74,262.71 points in early trade, then crossed the 75 thousand mark around 1 pm. At the same time, NSE Nifty remained at 22,617.90 points with a gain of 20.1 points, which in a short time reached 22,841 points and broke all the previous records.

These shares made profit

Among the Sensex listed companies, shares of Larsen & Toubro, Asian Paints, Axis Bank, State Bank of India, Reliance Industries, Wipro, Titan and Bharti Airtel gained the most. Shares of Power Grid, Sun Pharma, JSW Steel and Tata Steel gained the most. suffered loss. In Asian markets, South Korea's Kospi and Hong Kong's Hang Seng were in profit while Japan's Nikkei and China's Shanghai Composite were in loss. Whereas American markets closed with a negative trend on Wednesday. According to stock market data, foreign institutional investors (FIIs) were seen selling in the capital market on Wednesday and sold shares worth a net Rs 686.04 crore.