Stock Market Opening: Sensex opened on a strong rise of 550 points, Nifty came out above 17300

Stock Market Opening: Today the trading trade started with a great boom in the stock market and as soon as the market opened, the Sensex is seen at 58,235.45 with a jump of 601.8 points or 1.04 percent. Along with this, if we talk about the 50-share index of NSE, Nifty is trading at 17,359.40 with an increase of 182.70 points or 1.06 percent at 9.17 am.

Check out Nifty’s Top Gainers/Top Losers
If we look at the top gainers and losers of Nifty, 46 out of 50 stocks are trading with a boom. Wipro is up 2.90 per cent among the top gainers. HCL Tech is up 2.27 per cent. Infosys has a gain of 2.26 per cent. With this, Tech Mahindra and ONGC are also trading with great momentum. NTPC, Coal India in falling stocks. Weakness of 0.20-0.04 percent is being seen in Hindalco and HDFC Life.

How did you get the hints from the pre-opening session?
If we look at the pre-opening session of the market today, the BSE Sensex gained 473.76 points, or 0.82 percent, to 58,107.41, while the Nifty 50 gained 138 points and saw a jump of 0.81 percent. Through this, the levels above 17315 in Nifty were seen in the pre-opening session. This indicated that Nifty may start today above 17300.

Strong rally in SGX Nifty
Since this morning, the SGX Nifty has seen a strong rise and if we look at its levels, at 8.55 am, it was trading at 17350, up 125 points or 0.72 percent.

Good rally in Asian markets
This morning, there was a strong rally in Asian markets and many indices including Nikkei, Hang Seng and Shanghai were seen trading in the green mark of bullishness. Japan’s Nikkei was trading up 318 points or 1.12 per cent. Hong Kong’s Hang Seng was up 13.31 points, or 0.06 per cent. The Shanghai Composite gained 0.29 per cent. In Asian markets, Singapore’s Strait Times only showed the bottom and recorded a weakness of 0.08 percent.

RBI Monetary Policy: RBI will release the results of the RBI’s Monetary Policy Committee meeting today. For this, most financial experts have not expected a change in policy rates.

Yesterday the stock market got closed with great speed
In yesterday’s trade, the Sensex closed at 57,633.65 with a gain of 886.51 points or 1.56 per cent. The Nifty 50 index closed at 17,182.70 with a gain of 270.45 points or 1.6 per cent.

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Shivam Bangwal

Shivam Bangwal is a young entrepreneur who is professional full time tech, travel and coding enthusiast with a post graduation degree of Master's of Computer Applications. He is a founder of Youthistaan, People News Chronicle, Branding Panther and Digital Leader.

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