Aatmja Kumari (Intern Journalist): On Thursday, there was tremendous greenery in the Gherlu stock market. All-around shopping fueled the market. The major indices closed for the fourth consecutive day. The BSE Sensex crossed the psychological level of 41,000 and the Nifty 50 index crossed 12,000.
There is excitement in the market as Joe Biden’s name emerges as the winner for the presidency in the US. However, the screw may still be stuck. Meanwhile, the market is eyeing the results of the US Federal Reserve meeting.
The BSE Sensex closed at 41,340, up 724 points or 1.78 percent. At the same time, the Nifty 50 index ended the business at 12,120, registering a gain of 212 points or 1.78 percent. The BSE Midcap index and the Smallcap index rose by 1 and 2 percent.
On Thursday, only the Nifty Realty Index disappointed. Metal and media stocks jumped four to four and a half percent, while the government bank index strengthened by three percent. Private banks and the FMCG index showed gains of up to two percent each.
48 stocks green on the Nifty 50 index, while two stocks ended the trade with a red mark. All 30 stocks gained on the Sensex. On the BSE, 1,734 shares closed higher and 914 shares were soft.