Share Market News: The stock market was bullish on 22 August 2024, giving investors a profit of ₹ 1.27 lakh crore.
Share Market Today: The stock market saw a rise for the sixth consecutive day on Thursday, 22 August. Both Sensex and Nifty registered a rise, benefiting investors and the market sentiment remained positive.
Today’s situation
Share Market Today: Today the BSE Sensex closed at 81,053.19 with a gain of 147 points. NSE’s Nifty ended at 24,811.50 with a gain of 41.30 points. Expectations of a cut in US interest rates kept the market high and investors gained about ₹ 1.27 lakh crore. The total market cap of BSE-listed companies rose to Rs 460.51 lakh crore today.
Today’s top stocks
Stocks like Bharti Airtel, Tata Steel, ICICI Bank, Titan, and UltraTech Cement registered the highest growth in the Sensex. Of these, Bharti Airtel performed the highest by 1.51 per cent.
Top Gainers and Top Losers
Top Gainers
- Bharti Airtel: 1.51% rise
- Tata Steel
- ICICI Bank
- Titan
- UltraTech Cement
Top Losers
- Tata Motors: 1.52% decline
- NTPC
- Mahindra & Mahindra
- Tata Consultancy Services
- Power Grid
Sectoral Performance
BSE’s midcap and smallcap indices closed with a gain of 0.67% and 0.47% respectively. Telecom and consumer durables stocks saw the biggest gains, while utility, power and metal stocks declined.
Global Market Conditions
Expectations of a possible cut in interest rates in the US market have positively impacted the global market. However, information on the current condition of other major global markets is not covered in this article.
Disclaimer: This information is provided for informational purposes only. Always seek expert advice before investing. 1tak.com does not advise anyone to invest money because investment in the market is subject to risks.