Sensex Breaches 43,000 Points 1st Time Ever! Top Gainers, Top Losers?
The positive energy coming in from the news of the Pfizer vaccine with 90% success rate has now infused Indian stock markets.
As a direct result of this news, Sensex has breached the critical 43,000 mark for the 1st time ever in history.
As the time of writing, Sensex was positioned at 43,533 points, which is around 256 points more than yesterday.
Here are the top gainers and top losers due to this bull run in the stock market.
Sensex Crosses 43,000 Points: 5 Things You Should Know
Due to this rallying of the stocks, Bajaj Finance, IndusInd Bank, Bajaj Finserv, State Bank of India along with Larsen & Toubro and HDFC were top gainers, if we consider the 50 exclusive stocks of Nifty.
They gained upto 8.9% as the markets opened today.
Tech Mahindra, Cipla, HCL Tech, Divi’s Laboratories and Nestle were the top losers, due to this bull run. IT stocks are expected to gain more, and this was surprising.
These stocks lost upto 5.73% on Wednesday.
HDFC, HDFC Bank, ICICI Bank and Reliance Industries were the stocks, which contributed highest to the rallying of the stocks.
How Much Sensex Gained?
While Sensex added 680.22 points, Nifty added 170 points, which resulted in the stock market rallying and bull run. Sensex managed to climb 1.6%, and Nifty rose 1.36%.
What Is The Reason?
Pfizer’s announcement that their vaccine is 90% successful during the third stage of trial has infused a new energy and enthusiasm across the market.
Infact, Pfizer has declared this achievement as the most important medical breakthrough in the last 100 years.
We will keep you updated, as more details come in.