Share Market Today: Sensex opened above 56 thousand for the first time, know why HDFC Bank rose?

Share Market Today: Indian stock market today is at a historic high. The BSE Sensex opened with a gain of 281 points at 56,073.31 on Wednesday. Around 10.41 am, the Sensex went up by 326 points to 56,118.57, which is a record for the Sensex so far. Today the share of HDFC Bank is rising.

The Nifty of the National Stock Exchange (NSE) opened with a gain of 77 points at 16,691.95. Around 10.41 am, Nifty went up to 16,701.85 with a jump of 87 points. Apart from Metal and PSU Bank, all other sectors are seen in green on Nifty.

HDFC Bank strong

Shares of HDFC Bank saw a rise of more than 3 percent today. The Reserve Bank has again allowed HDFC Bank to issue new credit cards. Due to this, HDFC Bank shares are up today. Shortly after the start of trading in the morning, HDFC Bank’s shares rose nearly 3.3 per cent to Rs 1564.75.

In fact, the Reserve Bank of India (RBI) has given a big relief to the private sector HDFC Bank. The ban imposed on the issuance of credit cards of the bank for the last 8 months has been removed. In an unprecedented move, the bank regulator on December 3 last year banned HDFC Bank’s issuance of new credit cards. Also, the bank was barred from launching any new digital product.

Tuesday was ups and downs

The Indian stock market opened in the red mark on Tuesday, but after that it had a fluctuating trend. The BSE Sensex lost 17 points in the morning to open at 55,565.64. After 9.24 in the morning, the Sensex reached the green mark. After 3 pm, the Sensex suddenly started moving towards the peak. The rising Sensex reached a height of 55,854.88, which is its historical level so far. At the end of trading, the Sensex closed at 55,792.27 with a gain of 209.69 points.

Similarly, the Nifty of the National Stock Exchange (NSE) lost 18 points to open at 16,545.25. After 3 pm Nifty also rose very fast and
It reached 16,628.55 which is its record level. Nifty closed at 16,614.60 with a gain of 51.55 points at the end of trading.

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