The current stock market crash has stopped. Off to a good start on Monday, the first trading day of the week, the 30-share Sensex of the Bombay Stock Exchange was trading at the level of 79,864.74 with a jump of about 400 points. On the other hand, the Nifty of the National Stock Exchange was also trading at the level of 24,292, rising by more than 80 points. It is noteworthy that on Friday, the last trading day of last week, there was a huge drop in the stock market and in one fell swoop Rs 10 lakh crore of investors were lost.
On Friday there was chaos in the market
We told you that on Friday, the last trading day of last week, the stock market had experienced a big drop. Due to the stock market crash, BSE Sensex fell by 900 points during trading and investors lost around Rs 10 lakh crore. However, by the time the market closed, this decline had stopped, but despite this, the Sensex fell by 662.87 points or 0.83 per cent and closed at the level of 79,402.29.
Talking about NSE Nifty, on Friday there was a huge drop of around 300 points and it was trading below 24200. At the end of the stock market trading, this index fell by 218.60 points and closed at the level of 24,180.80.
Today there was an increase in these stocks.
On Monday, 21 of the 30 large-cap stocks on the BSE opened in the green zone amid an uptrend in the stock market, which had fallen for several days. Talking about the fastest growing stocks, ICICI Bank Share included in this segment was trading at the level of Rs 1289.65 with a sharp increase of 2.72%. Apart from this, SBI Share was trading at Rs 796.50 up 2.04%, while NTPC Share was trading at Rs 405 up 1.55%.
These winners in mid- and small-cap companies
Talking about the stocks included in the midcap category, on Monday, despite strong quarterly results, Yes Bank Share was trading at Rs 21.22 with a huge jump of 9.38%. Apart from this, Bandhan Bank Share was trading 7.66% higher at Rs 181.20, Hindustan Petroleum jumped 5.02% and was trading at Rs 291.05.
In the small cap category, the biggest rise was in Orient Eletric stock and it stood at Rs 240.35 with a gain of 14.29%. ACI shares rose 12.42%, Syrma shares rose 9.08%, and Timex shares rose 5.32%.
(Note: Before making any kind of investment in the stock market, definitely consult your market experts.)