Stock Market Today Live Updates: Nifty 50 and Sensex Show Positive Movement on 22nd May, 2024
In today’s stock market update, the Sensex gained 267.75 points to settle at 73953.31, while the Nifty gained 68.75 points to close at 22529.05. The market wrap-up for the day shows a positive trend with top gainers including Cipla, Hindustan Unilever, Shriram Finance, and State Bank Of India among the most active stocks.
The Reserve Bank of India also made headlines today by announcing a record dividend of ₹2.11 lakh crore to the Government for the financial year 2023-24. This news is significant for the market and reflects the central bank’s financial performance.
In other news, the stock market continues to show positive momentum with the Nifty 50 ending higher for the 5th consecutive session. This trend indicates a bullish sentiment in the market, with both the Nifty and Sensex showing gains.
Experts are closely watching the market as the Lok Sabha election 2024 outcome nears. While volatility persists in May, experts do not expect a major correction until the election results on June 4. This anticipation is keeping investors on their toes as they wait for the outcome.
Overall, the market is showing positive movement with various sectors leading the charge. Investors are advised to stay informed and track real-time updates on their favorite companies to make informed decisions in the ever-changing market landscape. Stay tuned for more updates on Dalal Street and global markets.
