Tuesday has been auspicious for the stock market, this is the first time since September that the Sensex has taken a lead of 1131 points in a day. Earlier, since September 2024, there was a continuous lethargy in the market and in this slowdown, millions of crores of investors were destroyed. At the same time, the benefit of the Sensex was also seen in the Nifty and till the market was closed, the Nifty closed at 22,834 with 325 points up.
In the stock market, the wealth of investors has increased by Rs 7.06 lakh crore. On Tuesday, March 18, the overall market cap of companies listed on BSE reached 399.87 lakh crore rupees. On Monday, March 17, it was Rs 392.80 lakh crore.
The stock of electric vehicle company Ola Electric Mobility Limited closed at 12.50 percent after slipping at the lowest level on Tuesday. Ola Electric's stock on BSE jumped 12.56 percent to close at Rs 52.80. Earlier, it had come to a record low of Rs 46.32 per share during the business.
However, after touching the lower level, it witnessed a boom and it jumped up to 15.86 percent during the business. The company's stock rose 12.44 percent to Rs 52.77 in the National Stock Exchange (NSE).
The market assessment of Ola Electric increased by Rs 2,597.98 crore to Rs 23,289.18 crore after the share price boom. The shares of Ola Electric Mobility Limited closed over seven percent on Monday.
In fact, the news of the company's subsidiary Ola Electric Technologies Private Limited's demand for starting insolvency proceedings had become negative. This demand has been made by Rosmarta Digital Services Limited, a vehicle registration service provider of Ola Electric.
