Stock Market Update: The stock market started on the rise, Nifty near 17200, Sensex jumped 320 points

Stock Market Opening: The stock market is witnessing a boom today and on the basis of the pre-opening boom, it was clear that today is going to start with the growth of the domestic stock market and it happened. The Sensex has started trading at 57,740.55 after a gain of 320.31 points or a gain of 0.56 per cent. On the other hand, Nifty 50 (Nifty) has started trading at 17177.60 after a jump of 91 points today.

What is the market trend in pre-opening
If we look at the trend of the market today in the pre-opening, then only the trend of growth is visible in it. The BSE Sensex is trading at 57,736.47 after gaining 316.23 points or 0.55 percent. On the other hand, NSE’s Nifty is seen trading at 17177.60 after a jump of 91.30 points.

top gainers of nifty
In today’s trading, 47 out of 50 Nifty stocks are trading in the green mark and only 3 stocks are seeing a decline. ONGC rose 1.82 percent, Eicher Motors 1.25 percent and IOC 1.04 percent in the climbers. Adani Ports is trading with a rise of 1.04 percent and Bajaj Finance 1.02 percent.

Today’s top losers of Nifty
Cipla is down 0.53 per cent and Dr Reddy’s Laboratories is down 0.37 per cent. Hero MotoCorp is trading with a fall of 0.09 percent.

Look at Sectoral Index
Sector wise, if we see the movement of the market today, then all the sectors are trading with a green mark and the biggest jump of 1 percent is being seen in IT stocks. Media stocks are also up and consumer durables are also lending support to keep the market up. All 12 shares of Bank Nifty are showing an increase in trade on the basis of the rise in the shares of PSU and private banks.

How is the SGX Nifty doing?
Before the market opening this morning, SGX Nifty is seeing good growth and it has gained about 100 points. A jump of 91.50 points is being seen in SGX Nifty at 9:5 am and it is seen trading at 17197.50.

What’s up with the Asian markets
Today, except China’s Shanghai Composite, all other Asian markets are trading with a green mark of bullishness. Among these, the Taiwan index is up 0.68 percent and the highest jump of 1.09 percent is being seen in Japan’s Nikkei. Singapore’s Straits Times is up 0.46 per cent and Kospi is trading with a slight gain of 0.10 per cent.