Mumbai As soon as trading started in the stock market today, investors went into a frenzy. Mumbai Stock Market Sensex opened with 505.66 points and crossed 73000. Sensex saw a rise of 0.70 percent. At the same time, Nifty of National Stock Exchange also opened with an increase of 135 points and crossed 22000. A rise was seen in 2160 shares in the stock market. At the same time, there was a decline in the prices of 437 shares as soon as the market opened. Whereas, there was no change in the share prices of 116 companies. With the stock market opening on a positive note, it is expected that it will maintain its lead in business today and investors will benefit. Today, shares of tech companies are continuously seen at good rates in the market. Till the time of writing the news, share prices of tech companies including Wipro, Infosys were rising.
The stock market saw a decline in the prices of shares of famous companies like HDFC Life, HUL, Hindalco, ICICI Bank and Eicher Motors. Apart from banks and life insurance, the reason for the fall in the prices of shares of aluminum sector and tractor manufacturing companies is not yet known. Currently, trading in the stock market is to be done till 3.30 pm. In such a situation, there is still a lot of possibility of fluctuations in the share prices of companies.
It is believed that due to the good attitude of foreign institutions and rating agencies regarding the Indian economy, the stock market is continuously rising. Growth in the stock market also occurs when foreign institutional investors buy shares extensively. Today’s rise in the stock market may also be due to the purchase of shares of companies by foreign investors. However, Sensex and Nifty had fallen several times in the past. Due to which investors suffered a loss of lakhs of crores. Now with the rise of the stock market, investors will definitely get a chance to recover from that loss.