New Delhi:
Today i.e. on Monday, the Indian stock market started strong. Global sentiments have improved due to reduced trade tension and its effect is also visible on the domestic market. As soon as the market opened, the Sensex rose 353 points to 80,855.51, while the Nifty started at the level of 24,458. In early trade, both Sensex and Nifty were seen in the green mark.
Midcap stocks have also done well in the market. The Nifty Midcap 100 index opened at 54,105 with a gain of 400 points, showing a rise of about 0.75%.
Adi Group shares boom
In today’s early trade, there has been good shopping in Adani Group shares. All Adani Stocks are trading in Green. The most fast was seen in Adani Total Gas. This stock has jumped more than 8 percent. Apart from this, Adani Ports, Adani Green Energy (Adani Green Energy is trading above 4%. At the same time, Adani Enterprises has risen more than 5.%.
Adani Ports included in the top gainers of Nifty
The Nifty includes Adani Ports, Trent, Shriram Finance, Bajaj Finserv, Eternal Top Gainers, while Kotak Mahindra Bank, SBI, ONGC, JSW Steel, Dr. Reddy’s Labs have declined. Except Bankang, all other sectoral index are trading in green mark, in which FMCG, oil and gas have registered a rise of 1-1 per cent.
Auto, IT, pharma, FMCG, metal and energy are the most increased indexes on sectoral basis. PSU banks, financial services and realty index remain weakness.
Last week also strengthens market
The previous week was also profitable for the stock market. Between 28 April and 2 May, the Nifty recorded a rise of 1.28% and the Sensex recorded a rise of 1.70%. During this period, the market cap of 7 out of the top 10 companies increased by a total of Rs 2.31 lakh crore.
(Disclaimer: New Delhi Television is a Subsidiya of Amg Media Networks Limited, an adani group company.)
