Stock Market / Strong rise in the stock market, Sensex opened by jumping more than 600 points, Nifty also gained

Zoom News : Mar 16, 2022, 12:40 PM
The stock market opened with strong momentum on Wednesday, the third trading day of the week. The Bombay Stock Exchange's 30-share index Sensex opened with a gain of 685 points at 56,462, while the Nifty index of the National Stock Exchange jumped 196 points to start trading at 16,859.

There was a big drop on Tuesday

Earlier on Tuesday, both the indices of the stock market market closed on the red mark, losing early gains on the last trading day. While the BSE Sensex lost 709 points to close at 55,777, while the NSE Nifty slipped 225 points to close at 16,646. Investors suffered heavy losses due to the strong fall in the market on Tuesday. Due to the fall in the stock market, the capital of investors decreased by Rs 2.61 lakh crore. The market capitalization of BSE-listed companies declined by Rs 2,61,145.72 crore to Rs 2,51,66,630.06 crore amid a weak trend in the market.

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