Stock Market Opening: The trend of the stock market seems to be mixed today, Sensex and Nifty shares are in a bullish trend. Indian sentiment may get strengthened based on China’s numbers. Looking at the movement of the market, it seems that it may be right to adopt a wait and watch strategy today.
How was the market opening
BSE Sensex has managed to open at the level of 66,473 by rising 45.65 points. NSE’s Nifty has opened at the level of 19,820, up 9 points. There was not much movement seen in Sensex and Nifty at the time of market opening.
How is the situation sector wise
If we look at the sectoral index, banks, financial services, realty and A decline is being seen in the shares of private banks. However, if we talk about good growth, good strength is being seen in auto, media and pharma shares.
What was the picture in Nifty shares
In Nifty shares, 35 out of 50 shares were trading with a rise and a decline was seen in 15 shares. Today, pharma shares are dominant and out of the top 5 stocks of Nifty, 3 are from pharma. Today, shares of Cipla, Dr. Reddy’s Laboratories, Hindalco, Sun Pharma and DV’s Labs are seen as top gainers in Nifty.
How was the market in pre-opening
Mixed trade was seen in the market in pre-opening. BSE Sensex was trading at 6640 level after rising 32 points. At the same time, Nifty is seen in the lower range due to the fall. NSE’s Nifty was at the level of 19690 with a decline of 121 points or 0.15 percent.
How was the business yesterday
At the end of yesterday’s business BSE Sensex closed at 66,428 points with a jump of 261 points while Nifty of National Stock Exchange closed at 19,811 points with a jump of 80 points.
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