Wednesday, December 18, 2024
HomeFinanceShare Market Opening 28 April: Market is getting global support, Wipro started...

Share Market Opening 28 April: Market is getting global support, Wipro started with 3 percent gain

Share Market Open Today: This week has proved to be great for the domestic stock market and during this time the market has ended the business with a boom every day.

Share Market Opening on 28 April: The domestic stock market has maintained this week’s trend at the beginning of the last trading day. The domestic market is also getting support from the fast return in the global markets.

In the trading of the last day of the week, all major IT stocks including Wipro, Infosys and TCS have started trading with gains. On this basis, both the major domestic indices BSE Sensex and NSE Nifty have also started trading with an increase.

Bullish signal from pre-open

Domestic stock markets were already showing positive signs before the start of today’s trading. In Singapore, the futures of NSE Nifty SGX Nifty were strong in the morning. This indicated that the domestic market can make a good start today. Both the Sensex and the Nifty were in a slight uptrend in the Pro-Open session.

Today started like this

Both the major indices started the trading today with a slight gain. When trading started in the market at 09:15 am, the BSE’s 30-share index Sensex remained close to 60,700 points with a gain of about 50 points.

However, in a short period of time, the Sensex went into loss and came down to 60,630 points. At the same time, Nifty was also trading near 17,900 points with fluctuations in a limited range. There is no possibility of much upheaval in the market in today’s business.

The boom in global markets returned

There was a boom in the US markets on Thursday. The Dow Jones Industrial Average was up 1.57 percent and the S&P 500 was up 1.96 percent, while the tech-focused Nasdaq Composite Index was up 2.43 percent. There is a rising trend in the Asian markets as well. In today’s business, Japan’s Nikkei index is up by 0.54 per cent, while Hong Kong’s Hangseng is up by 0.68 per cent.

Such condition of big companies

Talking about the initial business, the shares of big companies are showing a declining trend. At 09:25 in the morning, shares of 18 out of 30 Sensex companies were in the red mark.

In the early trade, the market is getting support from IT stocks. Wipro is the strongest at around 3 per cent. Infosys and TCS shares are also strong. On the other hand, Bajaj Finserv is at the maximum loss of around 2.50 per cent.

it’s been a good week

This week has proved to be good for the domestic market so far. Earlier on Thursday, the domestic markets remained strong for the fourth consecutive day. After the end of trading, the BSE’s 30-share index Sensex closed with a gain of about 3350 points. Sensex and Nifty closed strongly in every session during the week.

RELATED ARTICLES

Most Popular

Recent Comments