The Indian stock market has started on a very auspicious note. Due to investors’ buying and excellent global signals, the Indian markets have opened with gains. Stocks from the IT, energy and banking sectors are leading this rise. The Sensex has again managed to cross 78000. Currently, the BSE Sensex is trading at 78083 with a jump of 725 points and the National Stock Exchange’s Nifty is trading at 23,681 points with a jump of 227 points.
Rising and falling stocks
In today’s trade, out of the 30 stocks of the Sensex, 26 stocks are trading with gains while 4 are falling.
- Bullish stocks: Tata Motors is trading up 2.18 per cent, NTPC 2.17 per cent, Mahindra & Mahindra 1.61 per cent, Adani Ports 1.55 per cent, Infosys 1.47 per cent, TCS 1.01 per cent, UltraTech Cement 0.89 per cent, Tech Mahindra 0.79 per cent, Power Grid 0.75 per cent.
- Falling stocks: Kotak Mahindra Bank is trading down 0.49 per cent, Bajaj Finserv 0.48 per cent, Sun Pharma 0.24 per cent, Axis Bank 0.05 per cent. Out of fifty stocks of Nifty 50, 46 are trading up while 4 are down.
Sectoral update of the stock market
In today’s trade, shares of IT, banking, auto, pharma, FMCG, metals, energy, consumer durables, healthcare and oil and gas sectors are trading up. Nifty Midcap index is trading with a jump of 818 points and Nifty Smallcap is trading with a jump of 287 points. India VIX is trading with a decline of 4.09 percent.