Strong start of stock market, Sensex crosses 59800, Nifty touches 17,700 level

Strong start of stock market, Sensex crosses 59800, Nifty touches 17,700 level

Stock Market Opening: Due to the rise of midcap shares for the second consecutive week, the Indian Stock Market is witnessing a boom today. Due to the strength of Reliance Industries, a boom is being seen in the stock market today. Good business growth was seen in the fourth quarter results of Reliance Industries last Friday and due to its effect RIL stock opened higher.

How was the opening of the market

BSE’s Sensex today opened at 59,873 after a jump of 218.65 points and its closing level was at 59,655 in the last trading session i.e. on Friday. Apart from this, NSE’s 50-share index Nifty opened at 17,707 and today trading opened with a gain of 83.5 points. The previous closing level of Nifty was at 17,624.05.

Know what is the picture of Sensex and Nifty

25 minutes after the market opened, only 11 out of 30 BSE Sensex stocks were trading at a fast pace. At the same time, a decline is being registered in 19 stocks. Apart from this, 21 out of 50 stocks of NSE Nifty are seeing fast trading and the red mark of decline is dominating in 29 stocks.

The condition of Nifty’s sectoral index

Looking at the condition of the sectoral index, a downward trend is being seen in most of the Nifty sectors. There is redness in IT, media, metal, pharma, auto, consumer durables and healthcare index. In rising sectors, Bank, PSU Bank, Financial Services, Oil & Gas, Realty, Private Bank shares are trading with good speed.

How did Reliance Industries share open?

After the good business results on Friday, today Reliance Industries was expected to open at the upper rate and it happened. The stock of Reliance Industries climbed up by Rs 26 to open at Rs 2375 and closed at Rs 2349 on Friday.

Sensex rising and falling stocks

Sensex’s in rising stocks ICICI Bank, Wipro, SBI, Titan, IndusInd Bank, Reliance Industries, HCL Tech, Axis, Axis Bank, NTPC, HDFC and HDFC Bank are trading with a boom. falling stocks UltraTech Cement, Bajaj Finance, Nestle, Tata Steel, Tata Motors, PowerGrid, Tech Mahindra, Bharti Airtel, Maruti Suzuki, Kotak Mahindra Bank, M&M, HUL, L&T, Asian Paints, Bajaj Finserv, ITC, TCS, Infosys, Sun Pharma A decline is being recorded.

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