new Delhi. The Indian stock market has started a new week from Monday with a boom. With the help of the global market, the positive sentiment of the investors is working since this morning.
At the beginning of trading, the Sensex opened with a gain of 64 points at 55,614, while the Nifty started trading with a gain of 4 points at 16,634. Both the exchanges gained momentum within a short time due to the purchase of investors. At 9.26 am, the Sensex was trading at 55,765 with a gain of 215 points, while the Nifty climbed 52 points to reach 16,702.
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Betting on these shares
Investors are betting fiercely on the shares of banking and tech companies today. Shares of HDFC Bank, Infosys, Tech Mahindra, ICICI Bank and Asian Paints were the top gainers and they are being bought heavily in the market. Apart from this, investors are keeping distance from the shares of BPCL, Tata Motors, IOC, Hero MotoCorp and ONGC.
which sector is performing
If we look at the sector wise in the market, today the shares of auto, power, real estate, FMCG and metal sectors were trading on the decline, while the banks, IT and pharma sectors are seeing a rise. In view of the rising price of metal in the global market, investors are betting fiercely on the companies related to it.
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Asian markets mixed trend
Trading started with a fall in Asian markets on Monday. There was a loss of 0.27 percent on the Singapore exchange and 0.38 percent in the South Korean market. However, Japan’s Nikkei gained 1.11 percent and Taiwan’s 0.50 percent. Experts say that the mixed trend of Asian markets will save the Indian stock market from a major fall today.
Tags: Sensex, Share market
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