The BSE benchmark Sensex on December 28 moved above 47.00 points for the first time. The stock market gained for the fourth day in a row. The stock market is moving again to new heights.
For the first time, the Nifty crossed 13,800 points. The Nifty, which opened above 13,800 in the morning, never went below 13,800 during the subsequent trade.
Similarly, Nifty closed at 13,873, up 13,885 points. Today it is 123 points higher. The Sensex gained 380 points to close at 47,353.
Shares of real estate, metal and public sector banks were the main contributors. The Nifty Real Estate Index was up 2.84 per cent and the Metal Index was up 2.70 per cent.
Tata Motors, JSW Steel, SBI, Titan and HDFC Life are the top five gainers today. Tata Motors shares rose 6 per cent. The reason for the rise in stock prices is the signing of an agreement between Britain and the European Union.