Share Market Open Today: A day ago i.e. in the business of Wednesday, there was a huge upheaval in the domestic market. Although both the BSE Sensex and NSE Nifty closed with gains.
Share Market Opening on 11 May: The domestic market started the business on a positive note on Thursday amid a mixed trend in the global markets. After the heavy upheaval on Wednesday, the market has maintained the momentum returned in today’s early trade. Both the major domestic indices BSE Sensex and NSE Nifty have started trading with a boom.
Market faster than pre-open
The domestic stock market was showing signs of uptrend even before the start of today’s trading. In Singapore, the futures of NSE Nifty, SGX Nifty, was trading up by about 100 points in the morning. This indicated that the domestic market can make a good start today. Both Sensex and Nifty were in the lead in the Pro-Open Session. Before the start of the session, the Sensex was up by about 180 points, while the Nifty was up by about 50 points.
This is how the business started
When trading started in the market at 09:15 am, the BSE’s 30-share index Sensex crossed 62,150 points with a gain of more than 200 points. The Nifty was trading near 18,360 points after gaining about 45 points. The domestic market is expected to remain bullish in today’s business.
Mixed trend in global markets
There is a mixed trend in the global markets. A slight recovery was seen in the American stock markets on Wednesday. The Dow Jones Industrial Average was down 0.09 percent, while the S&P 500 was up 0.45 percent, while the tech-focused Nasdaq Composite Index was up 1.04 percent. In today’s business, a similar trend is visible in the Asian markets as well. Japan’s Nikkei is in a loss of 0.27 per cent, while Hong Kong’s Hangseng is up 0.12 per cent and South Korea’s Kospi is up 0.30 per cent.
Sensex companies are in profit
Talking about the initial business, there is a good boom in the shares of big companies. At 09:20 in the morning, only 6 out of 30 companies of Sensex were in the red mark. Shares of 24 companies were on the rise in the early trade. The gains in large companies were led by IT stocks like Tech Mahindra, Infosys, TCS and HCL Tech.
