In today’s Indian stock market scenario, there’s been a notable surge. Both the Sensex and Nifty are performing well, experiencing growth in business activities. The Sensex is trading at a level of 72,950, witnessing an increase of more than 200 points, while the Nifty is also showing strong performance, trading at 22,100 with an increase of over 80 points. During early trading, investors are displaying considerable enthusiasm.
In the Sensex, out of 30 stocks, 18 are witnessing growth while 12 are experiencing a decline. This has brought vibrancy to the market, and investors are pleased with the promising returns they are receiving.
Rise in Small-cap and Mid-cap Shares
There’s also been a surge observed in the small-cap and mid-cap indices today. The small-cap index has started trading at 41,700 with an increase of more than 1,000 points, while the mid-cap index is also up by over 600 points, trading at 38,250.
Highlights in Gopal Snacks and Jet Airways Shares
Today, Gopal Snacks’ shares have seen a weak listing. The shares of Gopal Snacks were listed at Rs. 351 with a discount of 12.5% on NSE and Rs. 350 with a discount of 12.7% on BSE, whereas its issue price was Rs. 401.
On the other hand, Jet Airways’ shares have hit a 5% upper circuit today, closing at Rs. 47.45 with an increase of Rs. 2.25 (5.00%). The National Company Law Appellate Tribunal (NCLAT) had upheld the decision to hand over Jet Airways to the Kalrock-Jalan Consortium (JKC).
Ups and Downs After Yesterday’s Decline
Yesterday, on March 13th, the market witnessed a significant decline. The Sensex closed its business at 72,761 with a drop of 906 points, while the Nifty also saw a decline of 338 points, closing at 21,997.