New Delhi. A day before the results of the Lok Sabha elections, the stock market witnessed a huge jump as soon as it opened. Sensex jumped by 2000 points and Nifty by 1000 points. Meanwhile, the special thing that was seen was that the PSU shares that Prime Minister Narendra Modi had mentioned in his speeches in the past days also saw a huge jump. Hindustan Aeronautics Limited (HAL) and the country’s largest insurance company LIC are the government companies whose PSUs the PM often mentions with figures. Today, the PSU shares of these two companies registered a huge increase. There are some other shares as well whose holders have made good profits.
First of all, let’s talk about the shares of the country’s largest insurance company LIC. As soon as the market opened this morning, LIC’s shares rose by more than 4 percent to Rs 1058.35 and within a short time it reached the level of Rs 1060. Due to this rise in the share, the market capitalization of LIC reached Rs 6.59 lakh crore.
At the same time, the stock of Hindustan Aeronautics Limited (HAL) is also witnessing a tremendous rise today. With the opening of the market, the stock of HAL rose by more than 7 percent and reached the level of Rs 5444, which is its highest till now. Apart from this, the stock of the country’s largest government bank SBI also saw a good jump today. Shortly after the market opened, the stock of SBI rose by about 8 percent to a new high level of Rs 893.95. However, later it came down a bit and remained at Rs 884.75 at a price of 6.55 percent. With this, the total market capital of SBI has also increased to Rs 7.89 lakh crore.
