The stock market is constantly touching new heights in the festive season. On Tuesday 19 October, the second trading day of the week, the Sensex crossed the 62 thousand mark for the first time. At the same time, Nifty also reached a new high of 18 thousand 600. At 9:16 am, the Sensex opened up 264.79 points at the level of 62030.38.
At the same time, Nifty started with a gain of 96.50 points at the level of 18553.50. On Monday, the Sensex closed at 61,765.59 points with a gain of 459.64 points. At the same time, Nifty closed at 18,477.05 with a gain of 138.50 points.
According to business experts, on Tuesday Hindustan Unilever, Nestle India, 5 Paisa Capital, ACC, Consolidated Construction Consortium, DCM Shriram, Heidelberg Cement, ICICI Prudential Life Insurance Company, ICICI Securities, JSW Steel, Jubilant Ingravia, L&T Technology Services, The third quarter results of companies such as Mastek, Naveen Florin International, Nelco, Network18 Media, Oriental Hotels, Rallis India, Rane Brake Lining, Shakti Pumps, Standard Industries, Sonata Software, Tata Steel, TV18 Broadcast etc. will be declared.
The stock of L&T touched a 52-week high at the beginning of trading. At present, this stock is trading at a level of Rs 6,680. Let us tell you that the company will announce the third quarter results today, in which the company’s profit is believed to be fixed.
In the second quarter, the company’s profit grew by 11.1 per cent to Rs 551.7 crore. Also, on the basis of quarterly results, the company’s revenue had registered a growth of 8.8 percent and it increased from 3,4625 crores to 3,767 crores.
These stocks also saw a rise
It is worth noting that out of 30 stocks of Sensex, 24 are buying and selling in 6 stocks. In these, apart from L&T, shares of Tech Mahindra and Bharti Airtel are trading rapidly.
At the same time, the share of ITC is seeing a decline of more than two percent. The market is getting support from IT stocks. Apart from this, banking stocks also remained bullish.