Stock Market Closes with a Boom: Sensex Up by 119 Points, Nifty Up by 46 Points

The Indian share market closed with a boom on June 2, 2023. The Sensex closed at 62,547.11 points with a gain of 118.57 points, while the Nifty closed at 18,534.10 points with a gain of 46.30 points. Here are some highlights from the day’s trading:

Top Gainers of Nifty:
– Hindalco’s scrip closed at Rs 420.75, up nearly Rs 14.
– Shares of Hero MotoCorp closed at Rs 2,892.65, up nearly Rs 93.
– Shares of Apollo Hospitals closed at Rs 4,967.30, up nearly Rs 153.
– Shares of Tata Steel closed at Rs 108.00, up nearly Rs 2.
– Shares of JSW Steel closed at Rs 706.60, up nearly Rs 13.

Nifty Top Losers:
– Shares of Adani Enterprises closed at Rs 2,445.05, down nearly Rs 47.
– Infosys shares closed at Rs 1,299.00, down nearly Rs 21.
– BPCL shares closed at Rs 360.05, down nearly Rs 5.
– Shares of HDFC Life closed at Rs 576.40, down nearly Rs 6.
– TCS scrip closed at Rs 3,305.60, down nearly Rs 18.

Other Highlights:
– A total of 3,675 companies were traded on BSE today, out of which about 2,172 shares closed with gains and 1,371 shares with losses. There was no difference in the share price of 132 companies.
– 203 stocks have closed at the upper level of 52 weeks, while 37 stocks closed at their 52-week low.
– Upper circuit has been installed in 271 shares, while lower circuit has been installed in 128 shares.
– The rupee strengthened by 10 paise to close at Rs 82.30 against the dollar.

Know When the Sensex and Nifty Started:
The Sensex is an index of the Mumbai Stock Exchange (BSE). It was prepared in 1986 for the Mumbai Stock Exchange and consists of 30 BSE companies. On the other hand, Nifty is the flagship index of the National Stock Exchange (NSE) and is decided by including the top 50 companies of the NSE in the Nifty. The base year of Sensex is 1978-79, while the base year of Nifty is 1995.

How to Buy Shares from the Share Market:
If someone has a desire to invest in the stock market, then he has to first open a demat and trading account with a stockbroker. Shares cannot be bought directly from the stock exchange. PAN, Aadhaar, and bank account are required to open a demat and trading account. If these documents are there, then investing in the stock market can be started easily by opening an account with a broker.

English Summary:
On June 2, 2023, the Sensex closed with a gain of 119 points and the Nifty up 46 points. A total of 3,675 companies were traded on BSE today, with 2,172 shares closing with gains and 1,371 shares with losses. The rupee strengthened by 10 paise to close at Rs 82.30 against the dollar. To invest in the stock market, one must first open a demat and trading account with a stockbroker.

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