The trend of rapid growth in the stock market has been such that market experts are also surprised by this growth. The stock market has seen growth several times in the past decade but the current growth was unimaginable. Today, the Sensex and the Nifty once again made their all-time highs.
While the Sensex has crossed the 51000 levels today, the Nifty has also crossed the 15000 levels. The Sensex opened for the first time today at 51031.39, while the Sensex today scored an all-time high of 51073.27. However, the closing price of the Sensex could not cross 51,000 and closed at the level of 50731.63.
At the same time, there is a tremendous boom in the Nifty. The Nifty opened at the level of 14952.60 today and made an all-time high of 15014.65. However, the Nifty also could not give closing above the level of 15,000 and the Nifty closed at the level of 14924.25.
Who saw the rapid recession?
On the market today, purchases were seen in PSU Bank, Finance, Metal, Pharma sector. Apart from this, a decline was seen in private banks, auto, energy, infra, IT index. SBI is witnessing a tremendous boom and has created a new 52 week high. Today SBI made a high of Rs 408.35.
At the same time, this boom in the stock market has been going on for the last several months. After some correction, the market again appears to be moving towards the new record. After the budget, more expectations have been raised from the market, in such a situation, it is difficult to say whether the market will touch new levels in the coming time or will see a decline from here.