new Delhi. Even if the Budget 2020 has not got a good ranking, the stock market has dived by more than 900 points on that day, but since Monday, the stock market has been steadily rising. There is a continuous boom in the stock market due to the arrival of economic data and better quarterly results. On Wednesday too, the market has closed with good gains. Tata Motors shares have gained about 11 per cent. On the other hand, Yes Bank shares also closed with a gain of about 8 per cent. Banking and metal sectors have closed with good gains. Small and medium companies did better than expected. At the same time, there was good buying in the index of foreign investors. Due to this, both the major indices of the stock market, the Sensex and the Nifty, closed with a big gain.
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Sensex and Nifty closed up sharply
After the budget, the stock markets closed today for the third consecutive day. The Bombay Stock Exchange's major index Sensex has ended with a gain of 353.28 points, an increase of 41142.66 points. On the other hand, Nifty 50, the major index of the National Stock Exchange, is trading at 12089.15 points with an increase of 109.50 points. BSE Small Cap closed with a gain of 108 points. The BSE Mid-cap closed at 209.42 points with a double century. The foreign investors index CNX Midcap closed up 205.60 points.
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Outside the sectoral index
Sectoral index is seen outside. The banking and metal sector is seeing a boom. Bank exchanges closed at 337.89 points and Bank Nifty rose by 315.30 points. On the other hand, BSE Metals closed up 277.54 points and Capital Goods gained 276.45 points. BSE Auto 54.34, Consumer Durables 90.09, BSE FMCG 50.85, BSE Healthcare 58.41, BSE IT 89.53, Oil & Gas 189.41, BSE PSU 82.91, BSE Tech are up by 61.87 points.
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Tata Motors shares rose 11 percent
Today, Tata Motors shares witnessed the highest increase. The company's stock closed up 11 percent. On the other hand, Yes Bank shares closed up 7.58 per cent. Tata Steel shares rose 5.12 percent. Bharat Petroleum Corporation closed at 4.85 per cent and JSW Steel gained 4.22 per cent. At the same time, shares of Zee Entertainment Enterprises may see a decline of 7.30 percent. Hero MotoCorp 3.61 per cent, Dr Reddy Laboratories 3.35 per cent, Power Grid Corporation of India 2.57 per cent and Maruti Suzuki India shares fell by 2.20 per cent.