Share Market Increases | Stock market growth

Mumbai: Friday is the big increase in the bazaar (Bazar). Big increase on the last day of the week. As a result the market has strengthened. Sensex reached 62,500, Nifty at 18,500. On Friday, the Sensex gained 629.07 points or 1.02 percent, closing at 62,501.69 points. The rise of Nifty on this day was 178.20 points or 0.97 percent, at the end of the day Nifty was 18,499.35 points. Out of 50 companies in Nifty, 44 advanced, 6 declined.

Among nearly 2060 companies included in the National Stock Exchange (NSE), 994 companies saw their share prices rise, while 917 companies fell. Companies such as Reliance, Sun Pharma, Hindalco, DV’s Lab etc. have seen good growth on this day. Share prices of ONGC, Grasim, Bajaj Auto, Bharti Airtel etc. companies have retreated. The share price of 5 companies of Adani Group fell a lot, the share price of 4 increased slightly.

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Meanwhile, foreign exchange reserves are down. In the week ending May 19, the country’s foreign exchange reserves fell by $605 million. In the previous week, foreign currency reserves were 59 thousand 952 million dollars. It has decreased to 59 thousand 347 million dollars. In October 2021, the foreign exchange reserves reached the highest level of 64 thousand 5 billion dollars. Gold savings also decreased. The country’s gold reserves fell by $1.22 billion to $4,513 billion in the week ending May 19. Concern about which has spread in the concerned circles.

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