Share Market Today: Today, on August 30, the Indian stock market has touched a new high. Both the BSE (Bombay Stock Exchange) Sensex and the NSE (National Stock Exchange) Nifty have recorded new all-time highs. This is the 12th consecutive day when both these major indices have seen a rise.
Today’s situation
Stock Market Today: At the end of trading, the Sensex closed at 82,365.77 with a gain of 231.16 points or 0.28 per cent. During the day’s trading, the Sensex touched a new high of 82,637.03 points. The Nifty also closed at 25,235.90 with a gain of 83.95 points or 0.33 per cent and set a new record of 25,268.35 during the day’s trading.
Investors’ wealth in BSE increased by about Rs 2 lakh crore in a single day. The total market capitalization of companies listed on BSE reached Rs 464.47 lakh crore today, from Rs 462.56 lakh crore on the previous trading day. Thus, the wealth of BSE investors has increased by about Rs 1.91 lakh crore.
Today’s major stocks
21 out of 30 stocks closed with gains in Sensex today. Major gainers
- Tata Motors
- Reliance Industries
- ITC
- Tech Mahindra
- HDFC Bank
The shares of these companies registered a rise of 1.46 per cent to 1.75 per cent.
Top Gainers and Top Losers
Top Gainers
- Tata Motors
- Reliance Industries
- ITC
- Tech Mahindra
- HDFC Bank
Top Losers
- Mahindra & Mahindra: Top loser with a fall of 0.92 per cent.
- Sun Pharma
- JSW Steel
- Kotak Mahindra Bank,
- TATA Steel
Sectoral Performance
Companies across sectors performed mixed in the Sensex. Particularly, automobile, technology, and financial services witnessed gains, while the pharma and steel sectors witnessed decline.
Global Market Condition
Global markets are witnessing mixed trends. Major markets in the US, Europe, and Asia have seen stability and mild gains in recent days, although the US Federal Reserve policy and global economic indicators may increase investors’ concerns. Keeping an eye on the global market situation may have an impact on the direction of Indian market performance.