Stock Market Update – Sensex jumped 595 points

Stock Market Update

On Monday, November 6, a rise was seen in the Sensex and Nifty. Sensex jumped 595 points. Whereas Nifty increased to nearly 19,400. Due to this, the wealth of stock market investors increased by about Rs 3.69 lakh today. Heavy buying was also seen in midcap and smallcap shares.
On the other hand, only 4 Sensex stocks closed with a decline, which includes SBI, HUL, Tata Motors, and Titan.

Adani Energy Share Result

After the market closed, Adani Group company Adani Energy announced its quarterly results. The company said that their profits have increased by 34 percent. The company’s profit has increased from Rs 206 crore to Rs 276 crore compared to the same quarter last year. The company’s income has increased from Rs 3,323 crore to Rs 3,674 crore. During the exchange filing, the company said that its EBITDA has increased from Rs 1,235 crore to Rs 1,505 crore.

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