Leaders Online: The stock market's record-breaking run continues. Stock exchanges BSE and NSE today opened at new highs in the special trading session on Saturday, March 2. The Sensex rose over 150 points to 73,900 in early trade. While Nifty touched 22,400 mark. This is the new high of the stock market. (Stock Market Updates)
Shares of Tata Steel, Tata Motors, LT, Wipro, SBI, Asian Paints have gained on the Sensex. While the shares of NTPC, M&M, Sun Pharma, Titan have fallen marginally.
Nifty opened at 22,406 today. After that Nifty registered a rise to 22,430 points. Top gainers on Nifty are Hero MotoCorp, Tata Steel, Tata Motors, LT and Apollo Hospitals. While NTPC, M&M, Sun Pharma fell marginally.
Why is the stock market open on holidays?
Today stock exchanges BSE and NSE have decided to keep the markets open on Saturday as part of their policy to assess the preparedness of the system in case something unexpected happens. Meanwhile disaster recovery sites from NSE and BSE will be tested. For this, the stock market was opened for trading today. Earlier also on March 2, the market was opened on a Saturday holiday. The stock market is closed every Saturday and Sunday along with other national holidays.
Record-breaking boom
The stock market witnessed a record-breaking rally in the Friday trade yesterday on the back of GDP growth and positive global cues. On Friday, the Sensex closed up 1,245 points at 73,745. While the Nifty touched an all-time high of 22,353 points intraday yesterday. After that, the Nifty 50 index rose by 355 points or 1.62 percent to close at 22,338. (Stock Market Updates)