New Delhi. Wednesday is a very important day for those who invest in the stock market. The stock market made a good recovery leaving behind its days of decline. The Bombay Stock Exchange (BSE) Sensex broke the all important level of 60,000 at the time of trading today. Sensex opened today at 59,938.05. At the time of trading, his points rose to a maximum of 60,069.89 and at least 59,857.80 points. At 10 a.m., the Sensex traded at 60,063 with a gain of 0.37% or 221 points. Earlier this year, on January 5, 2022, the Sensex crossed the 60,000 mark. It closed on January 5 at the 60223 level.
Nifty has also seen an increase
Speaking of the National Stock Exchange (NSE) Nifty Index, it was seen trading at 17,844 with a gain of 0.11% or 19 points in early trading. Nifty opened today at 17,868.15. So far, it has reached a high of 17,869.10 and a low of 17,833.35. At the start of the trade, out of 50 shares of Nifty, 35 shares were seen trading on the green mark and 15 shares on the red mark. NTPC, Hero Moto Corp, Grasim, Eicher Motors and BPCL were the top gainers in Nifty shares in the opening trade. Meanwhile, the biggest drop in Nifty shares was seen in HDFC, HDFC Bank, Infosys, HCL and TCS Tech.
These Sensex stocks have seen an increase
At the start of the trade, out of 30 Sensex shares, 24 shares were seen trading on the green mark and six shares on the red mark. The largest gain was recorded in NTPC, Bajaj Finserv, Bajaj Finance and HUL. On the other hand, Tata Steel, HDFC and Mahindra & Mahindra saw the biggest decline.
Positive signal of falling inflation
The market received positive signals from the decline in inflation data. The country’s wholesale inflation data was released on Tuesday. Lower food and manufactured goods prices marked a moderation in wholesale inflation. Inflation based on wholesale prices fell to 13.93% in July. Inflation based on the wholesale price index stood at 15.18% the previous month. At the same time, in May, it was at a record high of 15.88%. There was also relief in retail inflation data in July. Retail price inflation fell to 6.71% in July. Earlier in June, retail price inflation was 7.01%.