Stock Market Opening: The signs of a strong start of the stock market were found from the pre-opening itself and today through the opening of the stock market, there is assurance of a good boom.
Stock Market Opening: The Indian Stock Market has started the first trading day of the week with a good pace. There were signs of market boom right from the pre-opening. At the beginning of the market today, strength is being seen on the basis of rise in railway stocks. Bank shares have gone up and metal stocks are doing wonders and the metal index is trading with a jump of around 3.5 per cent.
How was the opening of the stock market?
In the opening of the stock market today, the BSE Sensex opened at a level of 65,525 with a gain of 138.75 points or 0.21 per cent. Apart from this, the NSE’s Nifty has opened at the level of 19,525 with a gain of 89.75 points or 0.46 percent. If we look at the Advance Decline Ratio ie the ratio of rising and falling stocks, then the number of stocks trading with bounce remains high.
Sensex and Nifty shares rise
Out of 50 Nifty stocks, 37 stocks are trading with a boom and 13 stocks are trading with a decline. Apart from this, 26 out of 30 Sensex stocks are trading with a boom and only 4 stocks are trading with a decline.
Which sectors are on the rise and which are on the decline?
Except for the FMCG sector, business is being seen in all the other sectoral indices with a good boom and the green mark of growth dominates in all the sectors. Metal stocks are up 2.34 per cent, realty stocks are trading up by 1 per cent and media stocks are up by 1.01 per cent. PSU banks are trading up by 0.66 percent.
Sensex top gainers
If we look at the top gainers of Sensex, Tata Steel is up by 4.17 percent and JSW Steel is up by 2.28 percent. UltraTech Cement is trading with gains of 1.91 percent, Maruti 1.03 percent, L&T 1.03 percent, NTPC 0.74 percent, HCL Tech 0.59 percent.
Apart from this, shares of Kotak Mahindra Bank, Wipro, HDFC Bank, Tech Mahindra, NTPC, TCS, Reliance Industries and Bajaj Finserv are seen trading in the green with strength.
How was the market in pre-open?
Today, in the pre-opening of the market, the BSE Sensex was trading at 65579 level, rising 192.36 points or 0.29 percent. Apart from this, NSE’s Nifty was trading at 19526 level with a gain of 90.95 points or 0.47 per cent.
