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Earning of Rs 2 lakh crore in 2 hours, 'bulls' went out of control on expiry

Ronit Kawale
Ronit Kawale  - Senior Editor
2 Min Read

Nifty-Sensex: A tremendous rise is being seen in the stock market on monthly expiry and the last trading day of the financial year 2023-24. Nifty and Sensex have risen more than 1 percent in early trade. Shopping is being seen in all sectors. Especially the maximum growth is being seen in PSU bank and financial shares. Due to this boom in the market, the market capitalization of companies listed on BSE increased by Rs 1.75 lakh crore.

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The top gainers of Nifty include shares of Bajaj Finserv, Bajaj Finance, Hero Moto, Apollo Hospitals and SBI, while shares of Bajaj Auto, Shriram Finance, Britannia, HCL Tech and LTI Mind Tree are losers with slight decline.

Also read- Investing and withdrawing money in mutual funds will become difficult, if these important tasks are not done by 31st March

Big reason for market boom
There is a boom in the market due to heavy buying in banking and financial shares. Apart from this, global markets are confident that the US Central Bank will provide relief by cutting interest rates. At the same time, some agencies have increased India's GDP estimates for the current financial year. Because of this, purchases are being made by institutional investors.

Tags: Business news in hindi, Multibagger stock, Nifty50, Sensex

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