Due to the budget, there is an earning of about 88 crore rupees every minute here, you also have a chance
New Delhi. After the budget, there is a continuous increase in the brightness of the stock market. Market investors have earned Rs 88 crore per minute in the month of February. On the other hand, the Sensex has reached a new level with 52 thousand marks today. While Nifty 50 also appears to be trading near 15270 points. According to experts, due to the boom in the banking sector, there is a feeling of growth in the stock market. Shares of all the major private banks in the country are witnessing a boom.
Stock market boom
Today, the stock market is witnessing a boom environment. The Bombay Stock Exchange’s flagship index Sensex has crossed the new level of 52 thousand. Presently, the Sensex is trading at 52,041.02 points with a gain of 496.72 points. Whereas during the trading level, the Sensex hit a record level with 52,110.74 points. On the other hand, Nifty 50, the major index of the National Stock Exchange, is trading at 15,292.85 points with a gain of 129.55 points. Whereas during trading level, Nifty reached a new high with 15,314.30 points.
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88 million earnings every minute in February
In the month of February, market investors have gained Rs 88 crore every minute. The benefit of market investors is tied to the market cap of BSE. So far in February, the market cap has increased by Rs 18,92,884.95 crore. Whereas, when compared to the previous trading session i.e. Friday, the market cap of BSE has increased by Rs 1,13,507.60 crore today. According to experts, there has never been such a big boom before the budget.
Banking sector boom
Today there is a big boom in the banking sector. Bank Exchange 747.01 and Bank Nifty are trading at 667.90 points. BSE Auto is trading up 139.82 points and BSE IT 103.06 points. Capital Goods 65.58, BSE FMCG 61.79, BSE Healthcare 34.90, BSE Metal 31.70, BSE PSU 29.94 and BSE Tech are trading up by 55.24 points. On the other hand, consumer durables are trading down by 34.12 points and oil and gas by 69.16 points.
Rising and falling shares
Firstly, when talking about the rising stocks, Axis Bank 2.43 per cent, IndusInd Bank 2.37 per cent, Bharti Airtel 2.35 per cent, Housing Development Finance Corporation 2.09 per cent and Shree Cements are seeing a gain of 1.78 per cent. On the other hand, Hero MotoCorp is down by 1.33%, Grasim Industries 0.98%, SBI Life Insurance Company 0.76%, Tata Steel 0.65% and ONGC 0.62%.
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