Today the Sensex opened with a gain of 287 points at 60,247.
Nifty rose 123 points to open at the level of 17,910.
Nifty Midcap 100 and Smallcap 100 are also up 0.6 percent.
Mumbai. The Indian stock market started trading strongly on Monday morning and went beyond 60 thousand as soon as the Sensex opened. The positive signals coming from the global market had a great impact on domestic investors today and they started buying as soon as the market opened. The Sensex made a gain of 500 points in the beginning today itself.
This morning the Sensex opened with a gain of 287 points at 60,247 and started trading, while the Nifty rose 123 points to open at 17,910 and started trading. Investors maintained a positive sentiment from the beginning today and insisted on buying. The better performance of IT companies helped the market to gain momentum and the Sensex rose 500 points to 60,486 at 9.26 am, while it gained 140 points to trade at 17,927.
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Investors betting here today
Investors bet on companies like HUL, Dr Reddy’s Laboratories, Infosys, Tata Motors and Tech Mahindra from the beginning today and with continued investment, the shares of these companies reached the list of top gainers. This morning NTPC was the only company on Nifty in which selling was going on and its shares came in the category of top loser. In today’s trade, Nifty Midcap 100 and Smallcap 100 are also showing an increase of 0.6 percent.
Which sector has given rise
Looking at today’s business sector-wise, there is a boom in all the sectors. The biggest jump was seen in the companies of Nifty IT and Nifty Pharma sector today. There has been a jump of more than 1 percent in this sector. Dr Reddy’s shares gained more than 1 percent early today. Stocks of JSW Energy also climbed over 2 per cent this morning.
Big jump in Asian markets
Most of the stock markets of Asia opened on the rise this morning and are trading on the green mark. On the Singapore Stock Exchange, there was a big gain of 1 percent in the morning, while Japan’s Nikkei is trading at a gain of 1.25 percent. There is a jump of 0.57 percent in Taiwan’s stock market, while South Korea is seeing a gain of 0.41 percent.
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FIRST PUBLISHED : October 31, 2022, 09:42 IST