Stock market strong opening, Sensex rises 137 points, Nifty also faster, these stocks shine
Indian stock markets have made a strong start amid the ongoing tension between India and Pakistan. This morning at 9.15 am, the benchmark Sensex of Bombay Stock Exchange was trading at the level of 80933.37 with a rise of 136.53 points. Similarly, the National Stock Exchange’s index Nifty also showed a gain of 30.5 points at the level of 24491.65 points. In today’s early trade, 10 companies were trading in green mark in index Sensex with 30 major companies, while 20 shares were trading in red mark. At the beginning of the trading, selling was seen in pharma and realty sector shares, while shares of Nifty Auto and Metal Index were seen trading fast.
Top gainer and top loser
In the early stages of business, Nifty is the highest profit on Nifty, M&M, Hero MotoCorp, Bharti Airtel, ONGC, Bajaj Auto, while Cipla, Dr. Reddy’s Labs, Geo Financial, Titan Company, Eternal are the most damaged. In addition, BSE midcap and smallcap index are trading in red mark. All other sectoral index except auto, telecom, metal are in red mark.
Mahindra & Mahindra shares climbed more than 4 percent
After the fourth quarter results, the shares of Mahindra & Mahindra saw a rise of more than 4% in early trade today. The stock of Mahindra & Mahindra (M&M) reached Rs 3,150 on BSE on Tuesday. The auto veteran presented the results of the March quarter better than expected and announced a significant increase in its annual dividend. Brokerage received positive review of the company. It is expected that Godrej Consumer Products, Bank of Baroda, Aadhaar Housing Finance, Paytm, Polycab India, MGL, Hindustan Petroleum Corp, CG Power will declare their quarterly results today.
Mixed signs in global market
Several major Asian Exchange, including Japan, Hong Kong and South Korea, remained closed due to Greenry Day. The Australian stock market remained almost stable. Throughout the night, Wall Street Indcks finished the business with disadvantages. Dow Jones closed down 0.24% to close at 41,218.83. Technology-oriented Nasdac closed down 0.74% to close at 17,844.24.
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