The Indian share market has achieved significant highs. Indeed, both the Sensex and Nifty have reached new historic highs. According to reports, the Sensex has crossed the 75,000 level. Additionally, the Bank Nifty is also showing consistent growth. Consequently, the Nifty has reached an all-time high level.
Even IT shares are experiencing significant jumps every day
Currently, the market is standing strong at its highest levels. Auto indices are also showing strength in the market. Moreover, IT shares are witnessing significant gains every day. This indicates that the magical phase of the Indian share market is ongoing, reflecting positive investor sentiment towards the stock market.
Today’s market trend is exciting investors
Looking at Wednesday’s last trading session, the Nifty Midcap 100 index showed an upward trend. However, the Nifty Pharma and Nifty Auto indices attempted to pull the market down, while the Nifty Bank, Nifty IT, BSE Small Cap, and Nifty FMCG indices supported the market.
Today’s Market Outlook
Today, which is Friday, April 12th, the market witnessed a decline during early trading hours. In fact, the Sensex started with a decline of 430 points, trading at 74,610 levels. Similarly, during early trading, the Nifty also experienced a drop of 110 points, starting at 22,640 levels. Among the Sensex’s 30 shares, 20 are showing gains, while 10 are experiencing losses.