Stock Market Opening: After the spectacular victory of Mahayuti in the results of Maharashtra Assembly elections on Saturday, the domestic stock market got enthusiasm on the first day of the week on Monday and it was successful in showing a great opening. BSE’s Sensex has opened at the level of 80,193 after a rise of 1076.36 points or 1.36 per cent and NSE’s Nifty has opened at 24,253 with a rise of 346.30 points or 1.45 per cent.
All sectors are participants in the spectacular rise in the market.
Both Bank Nifty and Nifty are trading with tremendous greenness and there is a boom in almost all the sectors including Bank, IT. In the pre-open itself, trading had opened with great momentum in the market. The maximum increase of 3.50 percent is in PSU banks and oil and gas shares remain strong by 3.15 percent. Realty shares are trading up 2.81 percent. All the sectoral indices of Nifty are trading with a rise.
Bank Nifty becomes the market hero in the stock market
Bank Nifty has started trading today with tremendous momentum and is visible at the level of 52,162 with a rise of 1027.55 points or 2.01 percent. All the 12 stocks of Bank Nifty are trading with a rise and a rise of 4 percent is being seen in Punjab National Bank.
Trade at high in stock market at 9.30
Sensex had reached 80,397 just 15 minutes after the market opened in the morning and a jump of 1280 points or 1.62 percent is being seen in it. NSE’s Nifty is seen trading at the level of 24,316 with a gain of 409.35 points or 1.71 percent.
Situation of Sensex shares
The green sign of uptrend is seen dominating in 28 out of 30 Sensex stocks and in front of it only 2 stocks are in decline. A rise is being seen in the shares of L&T, M&M, Reliance Industries, SBI, ICICI Bank and Bajaj Finance. Shares of JSW Steel and Infosys continue to fall.
Market cap of BSE recovers to Rs 440 lakh crore
The market cap of BSE has recovered and has crossed Rs 440 lakh crore. Its 3351 shares are being traded and out of these, a decline is being seen in 2853 shares. There is a decline in 444 shares and 104 shares are trading without any change.
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