Stock Market Opening: Sensex crosses 60 thousand again, IT and metal sector gave momentum to the market...
The Indian stock market also managed to make gains for the fourth consecutive session on Monday and the Sensex once again climbed and crossed the 60 thousand mark. In today's business, there is a sharp rise in the IT and metal sectors.
The Sensex opened at 59,912 with a gain of 119 points in the morning and started trading, while the Nifty rose 58 points to open at 17,891 and started trading. The enthusiasm of investors also increased and they started buying fiercely. The Sensex rose 250 points to 60,048 at 9.28 am due to continuous investment, while the Nifty rose 74 points to trade at 17,907.
Today these stocks are showing bullishness
Investors kept buying from the beginning today in the shares of companies like Tech Mahindra, Bajaj Finserv, M&M, Dr. Reddy's, and Infosys and with constant investment, the stocks of these companies came on the list of top gainers. However, companies like Hindustan Unilever, HDFC, Asian Paints, and Kotak Bank were selling today and their shares have become top losers. In today's trade, Nifty Midcap 100 and Nifty Smallcap 100 are also trading at a gain of 0.9 percent.
The IT sector gave a boom
If we look at today's business sector-wise, there was an increase in all the sectors from the beginning, but the Nifty Media and Nifty IT sectors have made the biggest gains today. Stocks in the metal sector are also showing a bullish trend today. Shares of Mahindra Lifespace are seeing the highest jump in 52 weeks, while the shares of Titagarh Wagons are up by 3 percent.
Asian market on the green mark
Most of the stock markets of Asia are seeing a boom today. The Singapore Stock Exchange was trading at a gain of 0.28 percent, while Japan's Nikkei was up 1.04 percent. Apart from this, there is a jump of 1.64 percent in the Taiwanese market. However, today trading is not happening on the Shanghai Composite of South Korea, Hong Kong, and China.