Monday, April 1, 2019

Rudra Investment: Sensex Crosses 39,000 Level For The First Time

The Opening Day Of This week Report By Rudra Investment expert says The stock market has made a new record on April 1, the first day of the new financial year. The Sensex surged more than 348 points in Monday's trading, surpassing 39,000 level. This is the record level so far. Earlier on August 29, 2019, the Sensex made a new high. The Nifty also crossed the 11700 level.

Bank Nifty has made a new record again today. It reached the level of 30627 with a 200-point rally. PSU Bank is looking at the fastest growth in the auto and metal index. Tata Motors and Vedanta saw around 4 percent growth. ONGC and Coal India are seeing a 1% drop in the market.

The stock market closed on the last trading day of FY 2018-19 Friday. The Sensex rose 127.19 points to 38,672.91 and the Nifty climbed 53.90 points to close at 11,623.90. The Sensex was up nearly 500 points during the trade on Friday.

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