Stock Market Opening: Good start for Indian stock market due to Trump’s return, huge jump in Sensex and Nifty.
Business News Desk,The impact of election results coming from America is being seen on the Indian stock market. There are indications of Donald Trump becoming President in the US elections and due to this, the Dow futures of the American market are trading with a rise of 560 points. Due to this, Indian markets are also witnessing a boom. The American stock market seems to be getting support from the New York Times’ clear indication of Trump becoming the President and it is also giving a boost to the Indian stock market.
Tremendous rise in IT index
It is seen trading at the level of 40925 with a jump of 513 points. If we look at the shares, the biggest rise is seen in the shares of HCL, Wipro and Tech Mahindra. Today Infosys is also doing business with a boom.
How was the opening of the stock market?
In the opening, BSE Sensex opened at 79,771 with a rise of 295.19 points or 0.37 percent and NSE Nifty opened at 24,308 with a rise of 95.45 points or 0.39 percent.
Bank Nifty jumped in the stock market opening
Bank Nifty is seeing a level of 52440 with a rise of 233 points or 0.40 percent. In yesterday’s market also, trading had closed with a rise of 992 points in Bank Nifty. Even this morning a strong rise is being seen in Bank Nifty.
Latest update of sectoral index
Among the sectoral indices, today only the metal index is showing decline and it is in the red. The maximum growth is being seen in IT, realty and oil and gas sectors. Among these, the realty index is trading up by more than 2 percent and a rise of 1.24 percent is being recorded in the IT sector. A rise of 1.04 percent is being seen in the Oil and Gas sector.