The stock market is at a new high: the Sensex 55500 and the Nifty 16550 outperform

Stock Market Live: The stock market opened today with a rise, closing the new peak on Friday. BSE 30-stock benchmark index Sensex gained 42.45 points to close at 55,479.74 on Monday. At the same time, the Nifty of the National Stock Exchange opened with a fall of 16,518.40. The Sensex traded 65 points higher at 55,502 in early trade, while the Nifty gained 12 points at 16,5410. This time, the Sensex touched another new high of 55,514.00, with the Nifty touching 16,550.75.

The Sensex

Mahindra & Mahindra, Tata Steel, NTPC, Grasim and Bajaj FinServe were the top losers on the Nifty Top Gainers list in the early trade, followed by Power Grid, Kotak Mahindra Bank, Maruti, Tech Mahindra and Hero Motor Top Looser.

Let us tell you that the market is expected to rise this week, but analysts have also expressed the possibility of a sharp downturn. Vinod Nair, head of research at Geojit Financial Services, said: “Positive economic data indicates economic revival. The market is likely to remain strong in the long run. Reliance Industries tops market capitalization followed by TCAS, HDFC Bank, Infosys, Hindustan Unilever, ICICI Bank, HDFC, State Bank of India, Bajaj Finance and Kotak Mahindra Bank.

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