Good Tuesday for stock market, Nifty closed with historic high

Tuesday was a very good day for the Indian stock market. There was a tremendous surge in the market due to buying of banking shares. In today’s session, the index of banking shares Nifty Bank has jumped 560 points. However, some profit-booking was seen in midcap and smallcap stocks.

At the end of today’s trading, BSE Sensex closed at 73,057 points with a jump of 350 points. Sensex has again succeeded in crossing the 73,000 mark. Whereas the Nifty of the National Stock Exchange closed at 22,196 points, up 75 points. Nifty has closed at its all-time high.

How did local markets open?

In the domestic market, BSE Sensex opened 19.71 points up at 72,727 points and NSE’s 50-share index Nifty opened 23 points down at 22,099 points.

Market pre-opening

In pre-opening, BSE Sensex was trading 22.53 points up at 72,730 and NSE Nifty was down 16.50 points at 22105.

Listing of Vibhor Steel Tubes in stock exchange today

Shares of Vibhor Steel Tubes Limited will be listed on the stock exchange today. Its initial public offer i.e. IPO was open from February 13 to February 15, which was subscribed 320.05 times. The company had fixed the IPO price band at ₹141 to ₹151.

Stock market opened on Saturday 2 March

The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) have announced a special trading session on Saturday, March 2. NSE and BSE issued a circular on Wednesday saying trading in equity and equity derivatives segments will be allowed during the session scheduled for March 2. There will be an intraday switch to the Disaster Recovery Site (DR Site) on this day. This DR site will work to keep data safe in situations like cyber attacks. Apart from this, business will also become more secure.

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