Market recovers after initial fall, rise in Sensex and Nifty

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Market recovers after initial fall, rise in Sensex and Nifty
Market recovers after initial fall, rise in Sensex and Nifty

New Delhi, April 25 (Hindustan Reporter) After facing a decline in early trade, the domestic stock market has made a spectacular recovery. Today's trading started with weakness. But shortly after the market opened, buyers made their presence felt, due to which the stock market was successful in recovering and reaching the green mark. After the first hour of trading, Sensex was trading with a gain of 0.25 percent and Nifty with a gain of 0.19 percent.

After the first hour of trading, among the big stocks of the stock market, shares of Axis Bank, HCL Technology, Sun Pharmaceuticals, State Bank of India and Grasim Industries were trading with a strength of 4.21 percent to 0.86 percent. On the other hand, shares of Kotak Mahindra, Tata Consumer Products, Hindustan Unilever, LT Mindtree and Shriram Finance were seen trading with a fall of 9.93 percent to 1.39 percent.

In the current trading, there was active trading in 2,001 shares in the stock market. Of these, 1,213 shares were trading in the green after earning profits, while 788 shares were trading in the red after incurring losses. Similarly, out of 30 shares included in Sensex, 19 shares remained in the green with the support of buying. On the other hand, 11 shares were trading in the red due to selling pressure. Whereas out of the stocks included in Nifty, 27 stocks were seen trading in the green mark and 23 stocks were seen trading in the red mark.

BSE Sensex opened today with a fall of 280.60 points at the level of 73,572.34 points. As soon as trading started, slight selling pressure was seen, due to which the index slipped to 73,556.15 points. But after this the buyers took charge and started all-round buying. With the support of continuous buying, this index recovered by more than 350 points from the opening level and reached the level of 74,066.60 points. After the first hour of trading amid continuous buying and selling in the market, at 10:15 am the Sensex was trading at the level of 74,040.06 points with a gain of 187.12 points.

Like the Sensex, NSE's Nifty started trading today with a fall of 85.50 points at the level of 22,316.90 points. This index fell to 22,305.25 points in early trading. But after this, after getting buying support, within a short time this index made its place in the green mark. Due to continuous buying during trading, this index recovered by more than 140 points from the opening level and reached 22,459.15 points. After the initial 1 hour of trading between continuous buying and selling in the market, at 10:15 am Nifty was trading at the level of 22,443.90 points with a gain of 41.50 points.

The domestic stock market started trading with a decline in the pre-opening session today amid weak global signals. In this session, BSE Sensex was at the level of 73,465.09 points with a weakness of 387.85 points or 0.53 percent. Whereas in the pre-opening session, Nifty had fallen by 339.70 points or 1.52 percent and reached the level of 22,062.70 points.

Before this, on the last trading day on Wednesday, the Sensex had closed at the level of 73,852.94 points with a gain of 114.49 points or 0.16 percent. At the same time, Nifty slipped 34.40 points or 0.15 percent and ended Wednesday's trading at the level of 22,402.40 points.

Hindustan News/Yogita Pathak/Sanjeev



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