The Indian stock market started with a fluctuation on Wednesday, the third trading day of the week. In the early trade, the Sensex was trading at 100 points, but fell in the short term and crossed the 54,600 mark. In addition, if we talk about Nifty, it touched 16,330 points.
Tata Steel stock was the top gainer on the BSE index. Apart from this, shares of SBI, NTPC, Axis Bank and PowerGrid are also traded on the green mark. Let us tell you that Power Grid’s quarterly results have been released.
In the April-June quarter of the current fiscal year 2021-22, the public sector Power Grid Corporation of India Ltd. (PGCIL) profit tripled to nearly Rs 5,998.28 crore. Mainly because of the increase in earnings, the company’s profits have increased. The company had posted a net profit of Rs 2,048.42 crore in the same quarter a year ago.
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Tuesday’s market was at record highs: On Tuesday, the Bombay Stock Exchange (BSE) closed 152 points higher at a record high of 54,554.66. During the trading, the Sensex reached 54779.66 points. This is the all-time high of the BSE index. At the same time, the National Stock Exchange’s Nifty was up 21.85 points, or 0.13 per cent, to 16,280.10. Bharti Airtel is the top gainer, rising nearly four per cent in Sensex shares. Tech Mahindra, HDFC, Kotak Bank, Mahindra & Mahindra and HCL Tech were the main gainers.