Stock Market Opening: SBI-ONGC gave rise to the market, Sensex rose 500 points, Nifty crossed 15,700

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New Delhi. The Indian stock market has started strongly on the last trading day of the week. Since Friday morning, investors bought fiercely, due to which the Sensex managed to gain more than 500 points and has moved towards 53 thousand.

Sensex opened with a gain of 388 points at 52,654 in the morning and started trading while Nifty opened at 15,657 with a gain of 100 points and started trading. The enthusiasm of the investors increased with the initial boom in the market and they started buying fiercely. Due to this, the Sensex rose 543 points to 52,809 at 9.25 am, while the Nifty gained 163 points to trade at 15,724.

Also read – Multibagger Stocks: Another multibagger stock gave sloppy returns, became ₹ 63 lakh worth one lakh rupees in 10 years

investors betting here
Since the beginning of today’s business, investors bet on stocks of companies like IndusInd Bank, ONGC, Tata Consumer Products, ICICI Bank, Apollo Hospitals, Axis Bank, SBI, Bajaj Finance, Wipro, Tata Steel and Ultratech Cement, which made these shares top Entered Gainer’s list. There is a jump of up to 2.7 percent in these.

However, shares of Nestle and HDFC were selling and these stocks became top losers. In today’s trading BSE Midcap and Smallcap are also seeing a rise of 1 percent.

All sectors on green mark
Looking at today’s business sector-wise, there is a boom in all the sectors. The biggest jump is visible in the stocks of bank, financial, private bank and media. Apart from this, the realty, auto, IT, FMCG and pharma sectors also remained bullish. The entire sentiment of the market is looking positive right now. Shares of DCM Shriram have gained 2 percent today.

Also read – Jain Irrigation’s stock became rocket even in falling market, jumped up to 17 percent

Asian markets also rose
Most of the markets in Asia opened on the green mark this morning and are trading with an edge. The Singapore Stock Exchange is seeing a jump of 0.54 per cent in the morning, while Japan’s Nikkei is trading at a gain of 0.65 per cent. Apart from this, 1.26 percent in Hong Kong’s stock market and 1.03 percent on Taiwan’s stock exchange is showing. South Korea’s Cospi stock market was trading at a jump of 1.91 percent, but today China’s Shanghai Composite is seeing a decline of 0.03 percent.

Tags: BSE Sensex, Nifty50, Share market

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