Stock Market Opening: The domestic stock market has started with a boom today and FMCG stocks along with Bank Nifty are trading at a fast pace.
Stock Market Opening: There is a slight increase in the movement of the domestic stock market on the first day of the new business week. Sensex and Nifty are climbing slowly in the new trading session. A slight rise in SGX Nifty also indicated that today the Indian stock market may start with an increase.
How was the opening of the stock market
In today’s trade, the BSE’s 30-share index Sensex has managed to open at a level of 61,158.24 with a gain of 103.95 points or 0.17 per cent. On the other hand, the Nifty of NSE opened at the level of 18,120.60 with a gain of 51.60 points i.e. 0.29 percent.
Strength in FMCG stocks
Today FMCG stocks are witnessing tremendous growth and Marico’s stock is up by more than 8 per cent and is giving strength to the sector. Apart from this, business is being seen in the FMCG pack with an overall jump of 0.70 per cent. On the other hand, if we talk about other sectors of Nifty, there is a gain of 1.10 percent in realty shares. Bank Nifty is up 0.77 percent and Financial Services is up 0.74 percent.
Up and down stocks of the market
Talking about the advance-decline ratio, 1299 stocks are up in early trade and around 350 stocks are trading with a decline.
Sensex and Nifty shares
28 out of 30 Sensex stocks are trading in the green mark with a boom and only 2 stocks are trading with a decline. Apart from this, 40 out of 50 stocks of Nifty are seeing an increase and trading is being seen with a decline in 10 stocks.
Sensex rising stocks
IndusInd Bank is trading with a gain of 3.67 per cent and M&M has gained one and a half per cent. Kotak Mahindra Bank is up 1.46 per cent. Both Bajaj Finserv and Bajaj Finance are up above 1.25 per cent. Apart from this, green mark is being seen strongly in stocks like Tata Motors, HDFC, Axis Bank, ICICI Bank, Powergrid, NTPC, HDFC Bank.
How was the trade in the market pre-opening
In the pre-opening of the stock market today, a slight rise was seen in the domestic stock market. NSE’s Nifty was trading at the level of 18115.70, up 46.70 points i.e. 0.26 percent. BSE’s Sensex was trading at the level of 616103.10 points with a gain of 48.81 points i.e. 0.08 percent.
