New Delhi : The stock market gained strength on Friday, the last trading day of the week due to the rise in large stocks like Infosys, TCS and HDFC Bank. The Bombay Stock Exchange’s flagship index Sensex closed up 689.19 points at 48782.51, up 1.01 percent. On the other hand, the National Stock Exchange’s Nifty closed at 14347.25, up by 209.90 points (1.48 per cent).
The market capitalization of listed companies on the BSE, the country’s major stock market, rose to an all-time high of Rs 195.21 lakh crore during early trading on Friday. After two days of decline in the market, this rise was again due to the fast trend. Last year, the Sensex had risen by 15.7 per cent, while the market saw both a sharp fall and a strong rise.
Investors are worried about investment before the Union Budget because according to most market analysts, due to Corona, this time budget will not be as expected. Hence the market continues to fluctuate.
Talking about the big stocks, today Maruti, Tech Mahindra, Wipro, UPL and Infosys shares closed on the green mark. Bharti Airtel, Hindalco, IndusInd Bank, Tata Steel and GAIL shares closed at the red mark.
Sectoral index tracking
If we look at the sectoral index, today all the sectors, except metal and PSU banks, closed on the green mark. These include FMCG, IT, Pharma, Banks, Media, Realty, Private Banks, Finance Services and Auto.