Share Market updates as of 08 December 2023

Nifty 50 and Nifty Bank broke the record again. The market has seen bullies continuously 3rd day this week. Rbi announces that the repo rate is unchanged—the market is at its peak for the 2nd time this week.

Nifty 50:

Nifty 50 closed at 20969.40, up by 68.25(0.33%). It crossed 21000 for the first time and hit a new high of 21006.10 on Friday.

NIFTY BANK:

Nifty Bank closed at 47262.00, up by 420.60(0.90%). It also hit a record high of 47300 after reaching a peak of 47303.65 on Friday.

Adani Group:

The shares of Adani Group have been declining for the past two days. Yesterday, Adani Power’s share price fell by approximately 5%, Adani Enterprises Ltd’s share price was down by 2%, Adani Port’s share price decreased by 1.6%, Adani Green’s share price dropped by 4.5%, and Adani Gas’s share price was down by 0.5%.

GMR Infra Share Price:

GMR Airports Infrastructure Ltd share surged 11.67% after it won a deal worth 75.81 crore equity shares. The share price of GMR Infra ended at 68.90.

TATA Power Share Price:

Tata Power’s share price closed at 323.55 yesterday, down by 2.25 (0.69%) after gaining for two days.

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