Stock market reached record level: Sensex crossed 70 thousand for the first time, Nifty also did wonders.

Stock market reached record level: Sensex crossed 70 thousand for the first time, Nifty also did wonders.


Mumbai (Uttam Hindu News): Indian The stock is continuously moving forward. Sensex-Nifty are making new records every day. The business week started with a new record on Monday. BSE’s 30-share Sensex has crossed 70,000 for the first time. At the same time, Nifty consisting of 50 shares has also crossed the figure of 21000 for the first time. In early trading, Sensex has touched the figure of 70,048.90 and Nifty has touched the figure of 21019.50. However, after this there has been a slight decline in both the indices.

Sensex crossed 70 thousand for the first time : Till the last news, Nifty is trading at 21001 with a gain of 0.15 percent and Sensex is trading at 69,956 with a gain of 0.20 percent. Talking about top gainers in early trade, UltraTech Cement, IndusInd Bank, Tata Motors, Kotak Mahindra Bank and Tata Steel are the five highest earning stocks on Sensex. Except Tata Steel, the remaining four stocks are trading with a gain of more than 1 percent. At the same time, Tata Steel is also trading up by 0.85 percent. Talking about the 5 weakest stocks right now, at 10:10 am Axis Bank, Wipro, Asian Paints, Sun Pharma and Hindustan Unilever are the 5 weakest stocks on the Sensex. These shares are trading with a decline of 0.30 to 0.50 percent.

The Reserve Bank of India (RBI) had announced the decisions taken in the Monetary Policy Committee (MPC) meeting last week. During this time, RBI Governor Shaktikanta Das had increased the estimate of Indian GDP growth rate for FY 24 from 6.5 percent to 7 percent. Apart from this, inflation is also predicted to come down significantly by next year. RBI did not make any change in the repo rate for the 5th consecutive time. This clearly indicates that the Indian economy will become stronger in future.



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