The Sensex crossed the 32,000 points mark for the first time on Thursday. Sensex reaches 32,031 points due to early trading. At the moment, the Sensex has gained 209 points, with 32, 014 points and the Nifty is trading 60 points higher at 9876 level. Capital Goods, Oil & Gas, Power, Banking, Metal, FMCG, Pharma and Realty stocks have reached the market alltime high.
Open Sense with 91 Points Advance
On Thursday, the Sensex opened at 31,896 points with a gain of 91 points. On the other hand, Nifty opened at 9,856 points, with 40 points up.
During the trading, the Sensex made a new record with all-round purchases. During the 9 sessions, the Sensex reached level of 31000 to level of 32000.
This is the reason for the rise in the market
In June, the rate of retail inflation came down to at least a half-year low of 1.54%. This new base is the lowest level of retail inflation in the year 2012. The decline in retail inflation has put pressure on the RBI to cut interest rates.
Small and Medium Shares Boom
In the initial trading, there was also a purchase in small and medium-sized shares. The mid-cap index of BSE increased by 0.70%. BSE’s Smallcap Index was up 0.60%.
All sectoral indices are looking green. Bank Nifty has gained 0.64%. FMCG, IT, metal, pharma, capital goods and power stocks are buying fast.
Nifty 50 stocks up 46 stocks
Between the Nifty 50 and 46 stocks are trading with the increase, while 5 stocks are falling in the midst of the market.
The fastest is recorded in Indiabulls Housing Finance. Stocks increased 2.23 percent. In addition, ICICI Bank, ITC, Bharti Airtel, Axis Bank, BPCL, Yes Bank, L & T, Sun Pharma and Arvindo Pharma are trading with a gain of 2.15-1.01 per cent. Falling shares include Bharti Infratel, IOC, ONGC, IndusInd Bank, Eicher Motors, Bajaj Auto.
Market cap of Rs 131 lakh crore
During Thursday’s turnover, BSE’s market cap record reached the level of high. During the turnover, the total market cap of all the companies listed on BSE reached 131 lakh crore. Listed on BSE at the level of 131.06 lakh crores till 11 p.m.