mumbai :Due to the rapid growth of global markets and constant capital inflows, the domestic stock market closed down all previous records and reached a new level. While the Sensex first crossed the 30,000 mark level, the Nifty also reached a new record high level.
Effect of France election
After becoming the winner in the first phase of Emmanuel Macoron in the Presidential elections in France, the positive trend of global markets, as well as the good times of Diwali in the domestic stock markets. Apart from this, the eyes of investors are on the much anticipated tax reforms of US President Donald Trump. According to the traders, better performance of the BJP in Delhi’s body elections also saw better trend in the markets.
The Sensex of the Bombay Stock Exchange based on the 30 shares of the 30 companies had reached the record level of 30,167.09 points in the day, but finally it rose by 190.11 points, or 0.63 percent, to close at 30,133.35. Earlier on April 5, it had closed at a record high of 29,974.24 points. During the turnover, the highest level of Sensex was on March 4 when it went up to 30,024.74.
The Sensex has gained 768.05 points or 2.62 percent in the last three days. Similarly, the National Stock Exchange’s 50-share Nifty climbed 45.25 points, or 0.49 percent, to close at 9,351.85 points higher on record high. Earlier, during the day, it touched a high of 9,367 points. It closed yesterday at 9,306.60. Earlier, its top level was 9,309.20 points during the trade.
