Sensex-Nifty surges, Sensex crosses 51,000 for the first time and Nifty crosses 15,000

-

New delhi date. 05 February 2021, Friday

The stock market has been booming since the budget was released. Today, the Sensex has crossed 51 thousand for the first time while the Nifty has also reached 15 thousand. The Sensex closed 0.71% higher (358.54 points) at 50,614.29 yesterday while the Nifty closed 0.71% higher (105.70 points) at 14,895.65.

The S&P BSE Sensex is trading at 51,000 with a gain of 400 points while the Nifty is hovering around 150,000 with a gain of 150 points. In terms of individual stocks, SBI grew by 15% in the December quarter. Apart from that, IndusInd Bank 4%, Kotak Mahindra Bank and HDFC 1% have helped the index to rise.

Yesterday, the record high for the fourth day in a row was intact, with the Sensex, Nifty, Nifty Bank and Midcap closing at record highs. At the close of trading yesterday, the Sensex had gained 359 points to close at 50,614.29, while the Nifty had gained 105.70 points to close at 14895.65. Investors' wealth (BSE market cap) rose to Rs. A record level of Rs 200.5 lakh crore was reached.

Comments

Post a Comment

Popular posts from this blog

Due to the ban, employment and economic activity declined by two to three percent

-
Image
New delhi date. October 7, 2019, Monday A new study has found that employment and economic activity have declined by two to three percent due to the ban. A similar situation has been observed in bank lending. The study found the decline to occur within two months of the notation announced on November 7. This is the first research on demineralization in which data on the effects of districts across India were collected. In addition to the districts, the effect of national level was also studied. Previous studies only examined the national level effect of demonitization. Thus, a full estimate of the overall effect is not known. As a result of the shortage of cash arising out of the blockade, the country's economic activity fell by approximately 8 percent in November-December 2 In the October-December period, bank credit has seen an impact of around two per cent. Cash pulls have impacted demand for a short period. The study found that there was a strong link between money and pro...
Read more

Information about soymilk and casein products

-
Image
- Industrial guidance - Dhiru Parekh Soymilk: Soybeans are converted to high-quality protein. So that high quality drinks can be made which can be easily digested. There is no difference between soymilk and cow's milk. So the conservative industries of milk processing are now using this milk to make yogurt and ice cream. Consumers also cannot tell the difference between ice cream made from cow's milk and from soy milk. Also, the production capacity of soy milk can be increased than that of cow's milk. And the price can be cheaper. Soybeans mainly contain two types of enzymes that are inactivated in the soymilk process. Leukoxidase that catalyzes the oxidation of fatty acids. And enzymes like pepsin, trypepsin are included in it. Which helps in digesting protein. Soyamilk powder manufacturing process: This is an electric pre-heater system. which basically allows fluid to flow easily in a stationless tube under low-voltages. which absorbs the energy flowing through the Ja...
Read more

The brokerage firm objected to SEBI's new proposal regarding Algo Trading

-
Image
MUMBAI: Brokerage firms and fintech companies have objected to market regulator SEBI's discussion paper considering all stock trading orders issued through Application Programming Interface (API) as separate trading, saying it could adversely affect the growth of such trading from India. Algo trading is considered to be an automatic buying-selling system based on algorithms. SEBI has recently said in a discussion paper that it would create a framework for regulating Algo trading by retail investors. A senior official of a brokerage firm said that monitoring of Algo trading is a need of the hour, but such an attempt could hamper the growth of Sebi Algo trading. He added that if the suggestions made in the SEBI discussion paper were implemented, it would be difficult for brokers to make the API available. About 70% of the daily trading volume in Indian stock markets is transacted through advanced forms of algo trading. Algo Trading came to India in the year 2006, but then only se...
Read more