Stock market boom… Sensex climbed 1600 points, these 10 stocks including HDFC Bank saw a stormy rise!

New Delhi: After Friday, the Indian stock market has opened today i.e. Tuesday. In such a situation, the Indian stock market is seeing a great boom today as well. Today the Sensex is trading at 76,783, up 1632 points. While Nifty is trading at 23,330.40, up 500 points. Nifty Bank is also seeing a great boom. It is trading at 52130, up 1127 points.

The reason for the great rise in Nifty Bank and stock market is the huge buying in heavyweight stocks. HDFC Bank’s stock has gained more than 3 percent. At the same time, ICICI Bank’s stock is seeing a rise of 2.87 percent. Apart from this, 28 out of the BSE top 30 stocks are on a great rise. Only two stocks, Nestle and ITC’s stock is seeing a decline. Tata Motors’ stock has seen the most rise of 5.28 percent. After this, L&T and Mahindra & Mahindra’s stock has seen a rise of about 4 percent.

These 10 stocks are seeing a stormy rise
Samvardhana Motherson’s stock has seen a rise of 7.41 percent. On the other hand, Tata Motors’ stock has seen a rise of 5 percent, DLF’s stock has seen a rise of 4.46 percent, Bharat Froze’s stock has seen a rise of 6 percent, Mazgaon Dock Shipyard’s stock has seen a rise of 5 percent, Bharti Hexacom’s stock has seen a rise of 5.27 percent, Anant Raj’s stock has seen a rise of 7 percent, KEC International’s stock has seen a rise of 6 percent and Amber Enterprises’ stock has seen a rise of about 6 percent.

Upper circuit in 85 stocks on NSE
Out of 2,552 stocks on NSE, 2,303 stocks are trading on a rise. Whereas 188 stocks have seen a fall. At the same time, 85 stocks are trading on upper circuit and 17 stocks are trading on lower circuit. 27 stocks are trading at 52-week high level, while 9 stocks are at 52-week low level.

Why did this rise come?

• The main reason for the rise in the stock market is Trump’s decision to stop tariffs for 90 days. Due to which the situation in the market is still good.
• At the same time, after the continuous reduction in repo rate by RBI, banking stocks are also showing good growth. Due to which Nifty Bank is also on the rise.
• Apart from this, heavy buying is happening in heavyweight stocks, due to which these stocks are making an important contribution in taking the market up.