NSE BSE 27 September 2021: Strong opening of the market: Sensex opened up 244 points, Nifty near 18 thousand

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NSE BSE 27 September 2021: Strong opening of the market: Sensex opened up 244 points, Nifty near 18 thousand


Summary


The Sensex opened at 60292.95 with a gain of 244.48 points or 0.41 percent. On the other hand, Nifty opened at 17921.70 with a gain of 68.50 points (0.38 percent).


Share Market - Photo: pixabay

Expansion

After closing at a record high in the previous session, today the stock market opened on the green mark on Monday, the first trading day of the week. The Bombay Stock Exchange's major index Sensex opened at 60292.95 with a gain of 244.48 points or 0.41 percent. On the other hand, the Nifty of the National Stock Exchange opened at 17921.70 with a gain of 68.50 points (0.38 percent). In early trade, 1430 shares rose, 459 shares declined and 130 shares remained unchanged. On Friday, the Sensex had crossed 60 thousand for the first time. Last week, the BSE 30-share Sensex was up 1,032.58 points or 1.74 percent.

The stock market will be affected by these factors this week

The direction of the stock markets will be decided by the global trend. Analysts said the market could remain volatile on the back of monthly derivatives settlement and higher valuations. However, we expect a positive trend to continue on the back of improving economic activity and rising corporate earnings. The September manufacturing PMI figures are due this week. These will help in forming an opinion about the business activities during the month. Apart from this, the direction of the market will also be determined by the volatility of the rupee, investment trend of foreign institutional investors, and Brent crude oil prices.

Most of the heavyweights

in a matter of heavyweights, during the early trade today, HDFC Bank, Maruti, SBI, M & M, ICICI Bank, IndusInd Bank, Bajaj Auto, NTPC, Axis Bank, Ultratech Cement, Bajaj Finserv, L & T, Kotak Bank, Titan, ITC, HDFC, Bajaj Finance, Sun Pharma, TCS, Power Grid and Reliance shares opened on the green mark. On the other hand, shares of Asian Paints, Hindustan Unilever, Bharti Airtel, Dr. Reddy, HCL Tech, Tech Mahindra, and Tata Steel opened on the red mark.

During the pre-open, this was the condition of the stock market

During the pre-open at 9.04 am, the Sensex was up 273.22 points (0.45 percent) at the level of 60321.69. While the Nifty was up 107.10 points (0.60 percent) at 17960.30.

Sensex opened above 60 thousand for the first time on Friday

On Friday, the stock market opened at a record level. Sensex opened above 60 thousand for the first time. It opened at 60211.07 with a gain of 325.71 points or 0.54 percent. On the other hand, Nifty opened at 17916.30 with a gain of 93.30 points (0.52 percent).

The market closed at a record high in the last session.

In the last session, the stock market closed at a record high after the day's volatility. The Sensex closed at 60,048.47 with a gain of 163.11 points (0.27 percent). On the other hand, Nifty closed at 17,853.20 with a gain of 30.25 points (0.17 percent).