Indian Stock Markets have been on the road for recovery from the last two weeks of July. After two to three days of bear fall, markets have hit bull run again. BSE Sensex has hit 58,000 mark on 1st August.
Axis Bank, Reliance, Bharati Airtel, MRM, Maruthi, Kotak Mahindra Bank, SBI, ITC, Wipro, NTPC, Power grid shares have gained in stock value on Monday while Sensex 30 companies Asian Paints, TVS, Nestle India, IndusInd Bank, Sun Pharma, HUL have lost their values even on a very positive trading day.
BSE Sensex has gained 545.25 points and ended the trading day at 58,115.50. The highest mark is 58.170.67 and lowest at 57,540.36. Nifty has gained 181.80 points and ended the day at 17,340.05.
India Government revealing the GST collections and Commercial Gas Cylinders rate, Airplane fuel rates coming down has helped markets to record this rally after a long time.