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Stock Market Opening: Fed’s decision brightens the market, Sensex rises 400 points, crosses 64,000, Nifty above 19,100

Stock Market Opening Today 2 November: The stock market has received a lot of support from the American market and today in the opening itself the Sensex is trading up by more than 500 points.

Stock Market Opening: Due to the decision of the US Federal Reserve to keep the interest rates unchanged on Wednesday, there was a boom in the American markets and its effect was also visible on the Indian market. Domestic markets have been successful in opening with a strong bounce and the faces of investors are bright. The market started with a gain of 400 points and the Sensex is showing a jump of more than 500 points in trading immediately.

How was the opening of the stock market?

If we look at today’s market opening, Sensex has opened at the level of 64,033 with a rise of 442.07 points or 0.70 percent. Whereas NSE’s Nifty opened at the level of 19,120.00 with a rise of 130.85 points or 0.69 percent.

What is the picture of sectoral index?

All the sectoral indices of Nifty are trading with a rise and the maximum rise of 1.40 percent is seen in the realty sector. Whereas a jump of 1.38 percent is being seen in PSU stocks. An increase of 1.34 percent has been registered in Financial Services. Media shares have gained 1.25 per cent and IT shares have gained 1.23 per cent.

Sensex top gainers

Kotak Mahindra Bank is up by 1.92 per cent, IndusInd Bank by 1.85 per cent, Titan by 1.61 per cent, Axis Bank by 1.60 per cent, Infosys by 1.42 per cent and Bajaj Finance by 1.36 per cent. Bharti Airtel is trading with a gain of 1.26 percent and HCL Tel is trading with a gain of 1.10 percent.

These are the special things about the stock market today

Today the stock market is getting a lot of support due to the boom in IT, banking and small-medium stocks. A jump of 500 points has been recorded in the Sensex within the opening minutes of the market. 28 out of 30 Sensex stocks are trading with a rise, while 49 out of 50 Nifty stocks are trading strongly in the green. Only one stock of Sensex has red mark and this stock is of Tata Steel.

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