Stock market news

Mumbai. Today was a very golden day for the Indian stock market, where there was not only good business throughout the day, but today the market made a new record of reaching a new high. On the one hand, where the Sensex touched a new high, on the other hand Nifty not only crossed the figure of 16 thousand for the first time today, but also closed above 16 thousand.

In the second trading day of the week, on Tuesday, August 3, the Bombay Stock Exchange (BSE) Sensex gained 1.65 percent and closed at 53,823.36, rising 872.73 points from yesterday’s closing. Today the Sensex touched the maximum level of 53,887.98, which is its all-time high level.

On the other hand, the National Stock Exchange’s (NSE) 50-company index Nifty gained 1.55 percent at the end of today’s trading day and ended the day at 16,130.75, rising 245.60 points. Nifty touched a high of 16,146.90 in today’s full day trading, which is also Nifty’s all-time high.

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The Indian stock market had indicated in this morning’s opening itself that how big a flight it is going to get today, but closing with a gain of more than one and a half percent is a very positive sign. Let us inform that at the time of today’s opening, the Sensex had started the session at 53162.24 with a gain of 211.61 points, while the Nifty opened at 15935.24 with a gain of 50.05 points.

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There are many such reasons responsible for this boom in the stock market today, but the increase in GST collection by the Government of India last month is creating a new confidence among the investors. It is to be known that the Government of India has received more than Rs 1.15 lakh crore GST in the last month. Increase in GST means increase in business.

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