Stock Market Opening: Strong rally in the market, Sensex climbs 450 points and crosses 54 thousand, Nifty is close to 16,200

Highlights

Sensex opened with a gain of 308 points at 54,069 in the morning.
Nifty also opened at 16,151 with a gain of 02 points.
BSE Midcap and Smallcap are also up 0.8 percent.

New Delhi. The Indian stock market maintained the momentum gained in the last trading session of last week and started strongly on Monday morning. Investors maintained a buying trend since this morning, due to which the Sensex again went beyond 54 thousand.

Sensex opened with a gain of 308 points at 54,069 in the morning and started trading, while Nifty opened with a gain of 102 points at 16,151 and started trading. Seeing the early gains in the market, investors got excited and they continued to buy. Due to this, the Sensex started trading at 54,237 with a gain of 450 points at 9.26 am, while the Nifty gained 130 points to reach the level of 16,180.

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Investors betting here today
Investors bet on stocks like Infosys, Hindalco Industries, L&T, Tech Mahindra, Bajaj Finserv, Dr Reddy’s, Sun Pharma IndusInd Bank, HUL, Tata Steel and ICICI Bank since this morning and the stocks of these companies became top gainers due to continuous buying. got on the list. Today these stocks are showing an increase of 1-2 percent since the beginning.

Apart from this, shares of companies like HDFC, HDFC Bank, M&M, Britannia Industries were seen selling since this morning. This was the reason that these stocks went into the category of top losers. In today’s trading BSE Midcap and Smallcap are also seeing a rise of 0.8 percent.

Today all sectors boom
In today’s business, all the sectors are trading on the edge. However, Nifty IT and Metal sector is leading the entire market today. These sectors are showing a growth of 1.7 percent. Apart from this, PSB, realty and pharma sectors are also trading on a sharp edge today. BEL’s stock has gained 4 per cent in this morning’s trading itself, while the stock of Oberoi Realty is seeing a rise of 1.6 per cent.

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Asian markets also shine
Most of the stock markets of Asia opened on the rise this morning and are trading on the green mark. The Singapore Exchange is seeing a rise of 1.01 percent this morning, while the Taiwanese market is up by 0.40 percent. South Korea’s Cospi market is also showing a rise of 1.11 percent today. However, China’s Shanghai Composite is trading at a loss of 0.01 percent.

Tags: BSE Sensex, Business news in hindi, Nifty50, Share market

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