new Delhi. The US markets are seeing a boom due to the announcement of the relief package by US President Donald Trump. Because of which the Indian stock market is seeing a gain of 1500 points. The Sensex has gone beyond the 30 thousand mark. The Nifty 50 is trading above the 8700 mark. In one hour of business, the investors have earned Rs 4.5 lakh crore. When the market closed on Wednesday, the market cap of BSE was 1,08,50,177.06 crore. The market cap of BSE has reached 1,13,02,187.24 crores at 10.15 am.
Indian market affected by Trump's relief package
After agreeing on the Korana virus relief package in the US, the US market closed sharply and the Dow Jones is seeing a gain of 500 points. On the other hand, the US has asked Saudi Arabia to stop the crude oil price war. Today there is also video conferencing of G20 countries. In which Prime Minister Narendra Modi will also participate. Moody's has speculated that the GDP growth of the G20 countries may see a cut. On the other hand, the Government of India can also provide a relief package of Rs 1.5 lakh crore. Due to all these signals, the stock market is seeing a boom. IT and consumer sector is seeing good boom. Infosys shares are seeing a boom. IndusInd Bank shares are seeing a jump of 19 per cent.
Glitter in the stock market
Today, for the third consecutive day in the stock market, we are getting a glimpse of it. The major index of the Bombay Stock Exchange is the Sensex with a gain of 1068.53 points, rising by 29604.31 points. The National Stock Exchange's leading index Nifty 50 is trading at 8612.90 points with an increase of 295.05 points. BSE Small Cap 50.03 and BSE Mid-Cap 97.67 points are seeing an increase. The foreign investor index CNX Midcap is trading up by 98.60 points.
Boom in all sectors except auto
Excluding the auto sector, all sectors are witnessing a boom. BSE Auto is trading up by 14.91 points. Bank Exchange 125.24 and Bank Nifty are trading up by 149.45 points. Capital Goods 90.16 and Consumer Durables 357.21 points are visible. BSE FMCG 83.47, BSE Healthcare 144.79, BSE Metals 54.58, Oil and Gas 67.07 and BSE PSUs are seen trading on the green mark with a gain of 2.41 points. The IT sector is showing gains of 264.89 points and BSE Tech by 110.40 points.
IndusInd shares gain 15%
Today, shares of IndusInd are being seen very fast. IndusInd Bank's stock is trading with a gain of 19 per cent. UPL 9.36 per cent, Axis Bank 7.74 per cent, Bharti Infratel 6.10 per cent and Infosys shares are getting 5.61 per cent. On the other hand Yes Bank continues to have a continuous decline. The stock, which touched the level of 73 rupees in a few days, is again visible today at Rs 28.20 per share. Today, Yes Bank shares are seeing a decline of 4.73 per cent. Indian Oil Corporation is trading 2.25 per cent, Maruti Suzuki India 1.89 per cent, JSW Steel 1.65 per cent and ONGC shares are down by 1.30 per cent.