Share Market Update: Due to this spectacular boom in the market, the market cap of companies listed on BSE has crossed Rs 300 lakh.
Stock Market Closing On 11 July 2023: In Tuesday’s trading session, the Indian stock market has closed at a brisk pace. Due to the purchase of shares of auto, FMCG and energy sectors, this boom has been seen in the market.
Reliance shares were bought for the second consecutive trading session. At the end of today’s trading, the BSE Sensex closed at 65,617 with a jump of 273 points and the National Stock Exchange’s Nifty closed at 19,439 points with a jump of 83 points.
Condition of the sector
In today’s trade, excellent buying has been seen in the shares of Auto, IT, FMCG, Pharma, Energy Infra, Healthcare, Consumer Durables and Oil & Gas sectors. While profit booking has been seen in banking sector stocks. Tremendous buying spree was seen in mid-cap and small-cap index stocks. Of the 30 Sensex stocks, 19 closed with gains and 11 with losses, while 35 of the 50 Nifty stocks closed with gains and 15 with losses.
| index name | closure level | high level | low levels | percentage change |
| BSE Midcap | 29,149.75 | 29,203.60 | 28,927.17 | 0.97% |
| BSE Sensex | 65,617.84 | 65,870.59 | 65,517.57 | 0.42% |
| BSE SmallCap | 33,312.15 | 33,361.88 | 33,086.89 | 0.82% |
| India VIX | 11.01 | 11.46 | 10.95 | -3.93% |
| NIFTY Midcap 100 | 36,252.90 | 36,344.10 | 36,028.30 | 0.88% |
| NIFTY Smallcap 100 | 11,193.95 | 11,204.85 | 11,087.90 | 1.26% |
| nifty smallcap 50 | 5,086.75 | 5,095.85 | 5,033.45 | 1.33% |
| Nifty 100 | 19,333.60 | 19,403.35 | 19,288.20 | 0.49% |
| Nifty 200 | 10,230.55 | 10,265.70 | 10,201.35 | 0.54% |
| Nifty 50 | 19,439.40 | 19,515.10 | 19,406.45 | 0.43% |
Bullish stocks
In today’s trade, Sun Pharma closed with a gain of 2.48 per cent, Maruti Suzuki 1.77 per cent, Tata Motors 1.63 per cent, Nestle 1.56 per cent, ITC 1.53 per cent while Bajaj Finance .123 per cent, Axis Bank 1.11 per cent, HCL Tech 0.84 per cent. Closed with a decline.
Sharp rise in investors’ wealth
In today’s business, there has been an increase of Rs 1.72 lakh crore in the market cap of stocks of companies listed on BSE. BSE market cap again crossed Rs 300 lakh crore and finally settled at Rs 301.32 lakh crore, which was Rs 299.60 lakh crore on Monday.
