New Delhi, April 15 (H.S.): Due to relief in the tariff war and strong global signals, the domestic stock market maintained a stormy surge today for the second consecutive trading day. The trading began with a strength of over 2 percent. After the market opened, there was some profit booking in the initial half hour of trading, but thereafter, the bulls maintained dominance throughout the day. At the end of the day’s trading, Sensex closed up 2.10 percent and Nifty up 2.19 percent.
During the day, all sectoral indices closed in the green with strength. Supported by buying, the realty index managed to close with a gain of 5 percent. Similarly, the metal and automobile indices recorded an increase of over 3 percent. Moreover, energy, IT, oil and gas, banking, capital goods, consumer durables, FMCG, healthcare, public sector enterprises, and tech indices also succeeded in closing with robust gains. The broader market witnessed continuous buying today, resulting in the BSE midcap index closing up by 3.02 percent. Similarly, the small-cap index ended today’s trading with a jump of 3.21 percent.
The strength observed in the stock market today led to an increase of more than ₹10 lakh crore in the wealth of stock market investors. The market capitalization of listed companies on BSE rose to ₹412.29 lakh crore (provisional) after today’s trading. In contrast, at the end of last week’s trading day on Friday, their market capitalization was ₹401.55 lakh crore. Thus, investors earned approximately ₹10.74 lakh crore profit from today’s trading.
Throughout the day, there was active trading in 4,256 shares on BSE, of which 3,305 shares closed with gains, while 782 shares declined, and 169 shares remained unchanged. On NSE, there was active trading in 2,596 shares today, of which 2,315 shares closed in the green with profits, while 281 shares closed in the red with losses. Similarly, out of the 30 shares included in the Sensex, 28 shares closed with gains and only 2 shares closed with declines. In the Nifty, out of 50 shares, 48 closed in the green and only 2 in the red.
The BSE Sensex opened today with a jump of 1,694.80 points at the level of 76,852.06 points. After the market started, due to profit-taking selling, the index slipped slightly more than 400 points from the opening level, reaching a level of 76,435.07 points within the first half hour of trading. After that, buyers completely dominated the market. Supported by buying, the index surged by 1,750.37 points and reached a level of 76,907.63 points. However, due to selling in the last moment caused by intra-day settlement, the index slightly slipped from the upper level, closing with a gain of 1,577.63 points at 76,734.89 points.
Similarly, the NSE Nifty began trading today with a strength of 539.80 points at a level of 23,368.35 points. As soon as the market opened, selling began, causing the index to plunge nearly 160 points from the opening level and reach 23,207 points within the first half hour of trading. After that, buyers gained momentum in the market, leading to an upward trend in this index. After a day of trading, the Nifty closed at a level of 23,328.55 points, up 500 points.
After a day of buying and selling, among the blue-chip stocks in the stock market, IndusInd Bank, Shriram Finance, Tata Motors, Larsen & Toubro, and Adani Enterprises featured in today’s top 5 gainers with strengths of 6.73%, 5.20%, 4.56%, 4.55%, and 4.17%, respectively. On the other hand, ITC and Hindustan Unilever featured in today’s losers’ list, with declines of 0.27% and 0.20%, respectively.
Hindusthan Samachar / Jun Sarkar
