MUMBAI: The Sensex, based on the 30 shares of the Bombay Stock Exchange (BSE), rose further by 110.13 points (0.28%) to 39,942.10 However, the Sensex-based Nifty based on the 50-share National Stock Exchange (NSE), up 41.45 points (0.35%), to open at 11,987.35.
The Sensex gained 329.92 points (0.84%) and the Nifty climbed 84.80 points (0.71%) to close at 39,831.97 and 11,945.90 points respectively. In the initial turnover, with 24 shares of 24 companies on the BSE, the shares of six companies were trading on the decline. At the same time, selling of 33 companies on the NSE led to sell-out in shares of 17 companies.
Sensex once again crossed the 40 thousand mark after the opening of the market between the speculations of Bhartiya Janata Party (BJP) president Amit Shah being given charge of the Union Finance Ministry. Earlier on May 23, the stock market crossed the 40,000 mark for the first time on the results of the Lok Sabha elections. Let us tell you that in the Lok Sabha elections, BJP had achieved landslide victory and secured 303 seats on its own.