BSE Sensex Breaks 80,000, Nifty 50 and Bank Nifty Rally

BSE Sensex continued its bullish rally breaking the 80,000-mark as investors continued their bullish trend.

Nifty 50 also rose in an impressive manner by 1.12% at 24,484 while the closing price was reached in a manner that seems close to the 25,000 mark. Among all these sectors, Bharat Electronics Limited (BEL) turned out to be the top gainer for Nifty 50 as it rose by 5.33%. Adani Enterprises did not fall behind, as the company gained by 4.48% while TCS added 4.32%. HCLTech, Wipro, Infosys, Tech Mahindra, and Adani Ports have also lent support to Nifty 50’s gains today.

Bank Nifty also saw a positive movement in the banking sector, by 0.34%. Here, PNB was the highest gainer that rose 2.29%. Then there was Bank of Baroda which gained 1.98%. Canara Bank, IDFC First Bank, SBI, and ICICI Bank helped push it upward as the overall sentiment in the banking sector was good.

BSE 100 also wasn’t left behind because it was up 1.35% and went on to contribute to the positive market’s broad-based gains today. The highest gainer in the BSE 100 is GAIL up 6.36%. Persistent Systems followed the trend with gains of 5.59%, whereas BEL showed that it still had added momentum with gains of 5.49%. Other winners like Zomato, LTI Mindtree, HDFC AMC, and Info Edge (Naukri) meaningfully contributed to the BSE 100’s upward march.

Nifty Next 50 marked again a positive note today with its crossing of the mark 71,000, during the trading session today, mainly with the following. Some major drivers today remained GAIL, Zomato, ADANIENSOL, and BHEL whose positive numbers are mainly propelling this Index ahead.
Today, India Stock Market maintained such strong trends in the sectors for tech, banking, and energies sectors have shown impressive positives; these are leaving their own set of promising remarks towards the investors for these current sentiments.

Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. We are not registered financial advisors. Please conduct your own research and consult a qualified advisor before making investment decisions. Any investment decisions you make based on this information are solely at your own risk.

Tomorrow 7th Nov is celebrated as National Cancer Awareness Day!


As  stated in Bhagavad Gita :

शरीरवाङ्मनोभिर्यत्कर्म प्रारभते नर:।

“Whatever action a man performs with his body, speech, and mind, whether right or wrong, he must suffer the consequences.”

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