Stock market at new peak

Stock market at new peak

Mumbai: The domestic stock markets closed at a new record level today on the back of the continuing decline in the cases of Kovid-19.

The BSE 30-share sensitive index Sensex jumped 221.52 points, or 0.42 per cent, to 52,773.05. It has closed above 52,700 mark for the first time. It had crossed the 52,800 mark for the first time in mid-trade.

The Nifty of the National Stock Exchange also closed at a record level of 15,860.25, up 48.40 points, or 0.31 percent. During trading, it rose to a historical level of 15,901.60 points. Both the indices closed in the green for the fourth consecutive day.

The continuous decrease in the cases of Kovid-19 has strengthened the confidence of investors about the economy. With this, he also bought in medium and small companies. Recovering from Monday’s fall, the BSE Midcap ended 0.60 per cent higher at 22,907.41 points. Smallcap index of small companies jumped 0.44 per cent to reach a record high of 25,186.27 points.

Leave a Reply

Your email address will not be published. Required fields are marked *