Today on 31st March 2023 Stock market has moved up #nifty closed 279 points up (+1.63%) at 17,359. #midcap100 closed up 259 points (+0.87%) at 30,035. #smallcap closed up 142 points (1.61%) at 8,994. And stock Portfolio has moved up ₹27,769 (+1.29%) and latest value of stock portfolio is now ₹21,79,228.
Today, stock portfolio again pulled up strongly by #relianceindustry with upmove of more than 4% along with #bdl (#bharatdynamics) with upmove of more than 2%. Other stocks that were up includes #sbicards #namindia #tcs #marico and #hdfcbank. Today stocks like #titan #bajajfinance #asianpaints #vipindustries denies to join the party.
One more time it's proven that #relianceindustry can single handedly pull the markets and that's too convincingly. And #bdl (#bharatdynamics ) again got orders worth 50% of its total market cap. Now If company whose market cap is around ₹18000 crore approx. gets orders worth ₹6000 crores then the upmove in stock price is quite obvious. it's no brainer. The only short term concern is the raw materials availability issue due to Russia Ukraine war else all is well with this defence stock. And about markets I have always stated that stock markets are build to move up and now you will see when stock markets move up it moves convincingly. That's it.
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