Share Market Update: Modi magic in Indian stock market also (Modi Magic)’s effect was seen. Sensex and Nifty have reached new heights. Till 2.45 pm, BSE Sensex is trading at 68,764.36 with a rise of 1.90 percent i.e. Rs 1,283.17. At the same time, Nifty 50 was up by 1.96 percent or 397.65 points at 20,665.5. According to ET report, the market capitalization of all listed companies on BSE increased by Rs 4.09 lakh crore to Rs 341.76 lakh crore. Experts believe that the results of the state assembly elections declared on December 3 have had a positive impact on the market. Top gainers in the Sensex pack included SBI, ICICI Bank, L&T, NTPC and Airtel, rising over 2% each. M&M, HDFC Bank, Bajaj Finance and Axis Bank also opened with gains. Only Nestle opened in the red. Meanwhile, Adani shares rose, with Adani Energy Solutions rising 14%, and Adani Power and Adani Green Energy rising more than 12% each. Adani Enterprises, Adani Total Gas and Adani Wilmar also saw a rise of 6-8%.
