This is the first time ever in the history of the Indian Stock Market that Nifty crossed the 500 mark. All in the day’s trading, where Nifty took a surge by a good 68 points that amounts to some 0.72 percent of a rise, the indices of Bombay Stock Exchange on the other hand rose by 261 points crossing the figure of 30,583.
It already looks like that this monsoon is going to be a good one, at least for the trade market. The trade seemed to be on full-swing since morning today in the share markets. On the other hand, the value of rupee got depreciated by 6 paise against the US dollar today. MNCs like ITC, TCS, ICIC Bank, Reliance Industries, Indian Airtel and HDFC appeared to have a really productive day in the share market today. As a matter of fact, the Indosolar Limited recorded a paced up progress with 14.35 percent in the small-cap segment.