Sensex Started with a Rise, Share Market Opened with a Boom Amidst of Election

Between the third phase of the Lok Sabha elections, the Indian stock market hit with a strong start. At the start of the business, the Sensex gained 181 points to reach 38,826 level.
Sensex Started with a Rise, Share Market Opened with a Boom Amidst of Election

After closing with a fall of 500 points in the market, the stock market recorded to be bullish the initial minutes of the second trading day, of the week, the Sensex strengthened more than 180 points to reach the level of 38830. While the Nifty also rose 20 points to reach the level of 11,615.

If you look at the shares which rose, then Yes Bank, ONGC, HeroMoto Corp, Sun Pharma, ICICI Bank, Reliance, Bajaj Finance, Maruti and ITC are the shares. Yes Bank's stock has increased by nearly 2 percent. While shares of ONGC and HeroMoto Corp were trading with 1.50 percent increase. The shares traded on the red mark are L & T, Tata Steel, NTPTC, TCS and IndusInd Bank.

Earlier on Monday, the Sensex slipped 495 points to 38,645 points. The Nifty closed at 11,594 points, down 158 points. For this reason, on Monday, the market capitalization of investors was Rs 1.92 lakh crore. With a sharp drop in shares, the market capitalization of the BSE listed companies dropped to Rs. 1,51,560.74 crore and rupees 1,51,60,885.97 crore.

Stock market on Monday

On Monday, Reliance Industries fell 2.76 percent in the Sensex shares. In the form of YES Bank, IndusInd Bank, Reliance Industries, ICICI Bank, HDFC and Axis Bank dropped by 6.62 percent. On the other hand, Bharti Airtel, TCS, Infosys, NTPC and Power Grid are in profits. Meanwhile, the rupee rose by 5 paise to the level of 69.62 against the dollar. However, on the last trading day i.e. on Monday, there was Rupee recorded to be weak. The rupee had closed with a fall of 32 paise at 69.67 against the dollar on Monday.

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