Share Market closes with record high in Special Session

Share Market closes with record high in Special Session

Share Market Special Session: The second session of the special session in the Indian stock market closed with a rise today. The Sensex jumped 0.08 percent or 60.80 points and closed at 73,806.15. At the same time, Nifty jumped 40 points and closed at 22378 points. In the second and final session of special trading, both benchmark indices BSE Sensex and NSE Nifty were in the lead. The market remained bullish due to better GDP (Gross Domestic Product) data and capital inflow of foreign institutional investors. head of country Share Market BSE and National Stock Exchange (NSE) To test its preparedness to deal with major disruption, a special trading session was organized in the equity and equity futures and options segment on Saturday. Which was done successfully. During a particular trading session, transactions are processed through the primary site (PR) to ‘disaster recovery’ (DR) will be transferred to the site and its functioning will be tested. DR refers to a plan to quickly rescue an organization’s IT systems and data, limit damage, and return to normal business during a crisis or disaster.

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Business improved in the first session also

The 30-share Sensex rose 128.7 points to 73,879.58 in the second half of the special trading session. The 50-share NSE Nifty also rose 58.15 points to 22,396.90. According to the stock markets, two sessions are being organized. The first session will run from 9:15 am to 10 am on ‘Primary Site’ and the second session on ‘Disaster Recovery’ from 11:30 am to 12:30 pm. BSE and NSE said in separate circulars that the stock markets are organizing a special trading session in the equity and equity futures and options segments on Saturday, March 2 to test their preparedness to deal with major disruption. During the special trading session, the functionality will be tested by transferring the transactions from the ‘Primary Site’ to the ‘Disaster Recovery Site’.

The market had closed sharply on Friday also

Tata Steel, Tata Motors, Asian Paints and Larsen & Toubro were the major gainers among Sensex stocks. On the other hand, the declining stocks include Mahindra & Mahindra, NTPC, Kotak Mahindra Bank and UltraTech Cement. The country’s economic growth rate in the third quarter of the current financial year 2023-24 was 8.4 percent, much higher than expected. This is the fastest growth rate in any quarter in one and a half years. Foreign institutional investors bought shares worth Rs 128.94 crore on Friday. On Friday, Sensex closed at a new high by 1,245.05 points and Nifty by 355.95 points.

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