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Stock Market: Strong start of Sensex-Nifty, market caught pace as soon as it opened, where to bet today

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new Delhi. The Indian stock market started trading with a boom on Wednesday and as soon as it opened, it compensated for yesterday’s loss.

Sensex started trending this morning with a strong gain of 778 points and opened at 56,555. Similarly, Nifty also started trading at 16,877 with a gain of 214 points. Investors showed tremendous enthusiasm from the beginning and due to continuous buying, the Sensex rose 839 points to 56,616 at 9.35 am. Nifty also reached 16,916 with a gain of 253 points.

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Investors are betting on these shares

In today’s trading, most of the eyes of the investors are on the auto, bank, IT and metal sectors. There is a sharp rise in the shares of Tata Motors, HDFC, Axis Bank, IndusInd Bank and Maruti Suzuki in the market. The auto index on the BSE is seeing a jump of more than 1 percent. On the other hand, the Nifty Bank Index is seeing a rise of more than 2 percent.

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Asian markets also opened on the green mark

Most of the stock markets of Asia have opened with gains on Wednesday morning. Singapore’s stock exchange is seeing a jump of 1.56 percent, while Japan’s Nikkei is trading with a gain of 1.23 percent. Apart from this, there is a jump of 0.53 percent in Taiwan’s market, while South Korea’s stock market is trading with a gain of 0.54 percent.

Tags: BSE Sensex, Share market

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