The stock market opened with gains, Sensex gained 120 points, Nifty crossed 10,899

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The stock market opened with gains, Sensex gained 120 points

Image Source: The Financial Express

The market has seen an increase in the repo rate for the fourth consecutive time by the RBI. The stock market started positively on the fourth trading day of the week. Sensex, the major index of BSE, saw a gain of 120 points. At the same time, the NSE’s major index Nifty 50 also gained a marginal lead of 47 points. Apart from this, shares of Indiabulls Housing Finance, Adani Ports, Yes Bank, Hero MotoCorp saw a slight rise. At the same time, shares of Tata Steel, Cipla, Coal India, and ONGC started poorly.

Sensex-Nifty gained momentum

Among these global signals, the Sensex and the Nifty have started with a rapid pace. The Sensex started with a score of 36863.61. On the other hand, if the Nifty 50 was seen trading at 10902.70 points. Apart from this, there has been a spurt in gold investment in India due to a trade war.

Mixed business in sectoral index

Talking of sectoral index, mixed business has been seen in them today. Shares of BSE Auto, Capital Goods, BSE FMCG, Healthcare, IT, PSU and Tech were seen trading on the green mark. At the same time, shares of consumer durables, BSE metals, and oil and gas were seen trading on the red mark today. Talking about Bank Nifty, it saw a slight fall of 79 points today. After this decline, Bank Nifty started at 27622.50 points.

Know the situation of smallcap and midcap stocks

Talking about the index of smallcap and midcap, today there was mixed business among them. The BSE midcap saw a slight gain of 8 points, after which Smallcap was trading at 12488.35 points. At the same time, midcap stocks have seen a decline of 31 points today. After this decline, the midcap index was trading at 13477.27 points. Talking about CNX Midcap, its shares were trading on the green mark, after which the index appeared to be trading at 15693.50 points.

Know the condition of heavy stock

Talking about the big stocks, the shares of Bharti Infratel, Bharti Airtel, Hero MotoCorp, Tata Motors, and Coal India were seen trading on the green mark. At the same time, shares of Cipla, Asian Paints, Axis Bank, HDFC Bank, and Tata Steel started on the red mark.

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