Stock Market Opening: The first trading session of May has started with a boom and enthusiasm remains in the stock market.
Stock Market Opening: The stock market has opened with tremendous speed today and Bank Nifty has also opened with a good bounce today and levels above 43300 are being seen in the initial trade with a strength of 100 points. If we look at the Advance Decline Ratio of the market, the number of stocks that climbed today is very good and the number of those that fell is less.
How did the market open today
BSE’s 30-share index Sensex today opened at 61,301.61 with a gain of 189.17 points, or 0.31 percent, and has crossed the important level of 61300. On the other hand, the NSE’s Nifty opened at 18,124.80 with a gain of 59.80 points i.e. 0.33 per cent.
Sensex and Nifty condition
Out of 30 Sensex stocks, 25 stocks are trading with a boom and 5 stocks are trading with a fall. Apart from this, 41 out of 50 stocks in NSE Nifty are trading in the green mark with a rise and 9 stocks are trading with a decline.
Which stocks of Sensex are above
L&T 1.85 per cent, Tech Mahindra 1.83 per cent, Axis Bank 1.5 per cent, Wipro 1.32 per cent, Nestle 1.30 per cent, Powergrid 1.29 per cent are trading in Sensex stocks. Apart from this, there is strength in the shares of Wipro, Infosys, NTPC, Reliance Industries and Tata Steel, HDFC and IndusInd Bank. Many other stocks are also trading rapidly in the green mark.
Sectoral Index
In today’s business, except for the automobile sector, all other sectoral indices were trading strongly in the green mark. The maximum jump of 1.18 per cent was in oil and gas shares and metal shares were up 1.03 per cent.
How was the market in pre-open
The movement of the market in the pre-open was excellent and it remained in the green zone. Sensex and Nifty were showing pre-opening trading of the market with upper levels.
