Wednesday, September 25, 2019

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The stock markets continued their rally for the second consecutive trading session on Monday and the Sensex crossed the 39,000 mark with another long jump of 1,075 points. This is its two-month high. The ‘Tejadia’ race continued for the second consecutive trading session due to the rise in shares of financial, banking and FMCG companies. The 30-share Sensex of the Bombay Stock Exchange closed at 39,090.03 points, up 1,075.41 points or 2.8 percent at the end after climbing to 1,426 points during the day’s trading. This is its highest level after 17 July. The National Stock Exchange’s Nifty also closed with a gain of 326 points or 2.89 percent at 11,600.20 points. Brokers said a technical bottleneck occurred on the NSE for 10 minutes in the last hour of trading. The business was affected due to technical disturbances at the exchange from 3:15 pm to 3:29 pm. In the previous trading session, the Sensex had made the biggest jump in more than a decade by 1,921.15 points on Friday. The Sensex had gained 5.32 percent to close at 38,014.62 points on Friday. On that day, the Nifty closed at 11,274.20 points with a gain of 569.40 points or 5.32 percent. The Sensex has gained 2,996.56 points or 8.30 percent and the Nifty has gained 895.40 points or 8.36 percent in two trading sessions.



 

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