Share market makes strong start to 2022
The beginning of the year 2022 was great for the stock market. There was a huge increase in the wealth of investors in just Monday and Tuesday i.e. two trading days. In the first two trading sessions of the new year, the wealth of stock market investors increased by Rs 5.36 lakh crore in the stock markets. All-round buying amid a firm global trend has strengthened the market. The 30-share BSE Sensex closed at 59,855.93, up 672.71 points, or 1.14 per cent, on Tuesday. On the first trading day of the year 2022, the Sensex closed at 59,183.22 points, up 929.40 points, or 1.60 percent, on Monday. The market cap of BSE-listed companies rose by Rs 5.36 lakh crore to Rs 2,71,36,351.46 crore amid two-day gains.
Nifty also rises
Nifty closed at 17,805.25 with a gain of 179.55 points or 1.02 per cent. On Nifty, NTPC, ONGC, SBI, Power Grid and Titan Company were among the gainers, while Tata Motors, Coal India, Sun Pharma, Tata Consumer Products and Shree Cements were among the losers.
There was a rise in the shares of these sectors
In today’s trading session, except the metal and pharma sector, all other sectoral indices such as banks, oil and gas, power companies saw a gain of more than 1%. At the same time, the BSE Midcap index was flat and the Smallcap index rose 0.4%. NTPC stock jumped the most today at 5.48%.
