Read on the application
After several days of decline, the stock market seems to be returning to the recovery track on the last trading day of the week. On Friday, the Sensex rose over 700 points to 63,901.23 points. At the same time, the Nifty also rose by over 200 points or 1%. Nifty crossed 19000 points in the last hours of trading. One of the top 30 stocks of the BSE index fell during trading. Maruti, HCL, Tata Motors shares were the biggest gainers on BSE.
Maruti gets bumper profit: Maruti Suzuki, the country’s largest passenger car maker, reported a profit of ₹3,716.5 crore for the quarter ended September 2023. The company’s profit was ₹2,061.5 crore in the same quarter a year ago. In comparison, a strong increase of 80.28% has been observed.
The reduction for 6 days was: Domestic stock markets closed for the sixth straight trading session on Thursday amid pressure from rising tensions in West Asia. BSE’s 30-share index Sensex fell 900.91 points, or 1.41 percent, to close below 64,000 at 63,148.15. It was down 956.08 points to 63,092.98 points at one point during the trading. National Stock Exchange (NSE) Index Nifty It too slipped by 264.90 points or 1.39 percent to 18,857.25 points from the psychological level of 19,000 points.
This was the sixth consecutive session of decline in the stock markets. In this period of decline, the Sensex has lost a total of 3,279.94 points or 4.93 percent so far. There itself Nifty It has weakened by 954.25 points or 4.81 percent.
Major loss to investors: The overall decline has cost investors Rs. 17.77 lakh crore capital has been lost. In just six trading days, investors’ capital totaled Rs. 17,77,622.41 crore has decreased. The total capital of companies listed on BSE on Thursday now stands at Rs 3,06,04,802.72 crore.