Indian stock market closes at new record high, Sensex jumps 800 points

Indian stock market closes at new record high, Sensex jumps 800 points


Stock Market Closing On 30 June 2023: Today’s trading session of the Indian stock market has been historic. The Sensex saw a rise of more than 800 points while the Nifty saw a jump of more than 200 points. Due to the buying of domestic and foreign investors, BSE Sensex and Nifty have closed at historical high levels. The Sensex is just 250 points away from touching the figure of 65,000. Sensex and Nifty have closed at lifetime high. At the end of today’s trading, the BSE Sensex closed at 64,718 with a gain of 803 points and the National Stock Exchange’s Nifty closed at 19,189 points with a gain of 217 points. 

Sector situation 

In today’s business, the shares of Banking, Auto, IT, FMCG, Oil & Gas, Healthcare, Pharma, Consumer Durables sector have seen a great growth. Especially due to buying in IT stocks, Nifty IT has seen a jump of 720 points or 2.50 per cent. While the Bank Nifty saw a jump of 419 points or 0.95 per cent. In today’s trade, the Nifty Mid Cap index closed with a gain of 233 points or 0.66 per cent, while small cap stocks also gained. Out of 30 Sensex stocks, 28 closed with gains while only 2 declined. Of the 50 Nifty stocks, 41 closed with gains and 9 closed with losses. 

In today’s trade, Nifty has been successful in crossing the figure of 19,200. In May 2019, Nifty was at the figure of 12000. That is, in just 4 years, the Nifty index has gained 7,000 points.

2 lakh crore jump in investor wealth 

After touching the record high of Sensex and Nifty in the last trading session of the week, there has been a strong jump in the wealth of investors. At the close of today’s trading, the market cap of BSE has closed at Rs 296.45 lakh crore. Which is the historical record level till now. Whereas in the last session, the market cap of the companies listed on BSE was Rs 294.30 lakh crore. In today’s trading session, investors’ wealth has seen a jump of 2.15 lakh crores.

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