Stock Market Open : Sensex Rises More Than 200 Points, Nifty Crosses 19500 Points, IRFC Jumps 9%
Stock Market : The domestic stock market started with gains on Monday. The BSE Sensex was trading at a level of 65,596.04 points with a gain of 208.88 points, or 0.32 per cent. Similarly, the NSE Nifty was trading at a level of 19,507.75 points with a gain of 72.45 points i.e. 0.37 per cent. Shares of Jio Financial were trading with a jump of 3.63 per cent in early trade. Similarly, Adani Ports, NTPC, Hero MotoCorp and Adani Enterprises were trading with green mark. Bharti Airtel was trading with a decline of 0.32 per cent.
These stocks showed a rise on Sensex
Tata Steel's stock was trading with a gain of 2.52 per cent on Sensex. Similarly, the shares of Larsen & Toubro and JSW Steel were trading with a gain of more than one per cent each. Apart from these, Tech Mahindra, NTPC, HCL Tech, UltraTech Cement, Mahindra & Mahindra, HDFC Bank, Wipro, IndusInd Bank, Bajaj Finserv, Bajaj Finance, PowerGrid, Infosys, Tata Motors and Maruti were trading with gains.
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Breakdown seen in these shares
The shares of ICICI Bank, Bharti Airtel, Axis Bank and Asian Paints were trading with a red mark on the Sensex.
These signals were being received from Nifty futures
On NSE IX, the GIFT Nifty was trading at a level of 19,551.50 points with a gain of four points i.e. 0.02 per cent. This indicated that the beginning of Dalal Street could be positive. However, the Sensex saw a jump of 150 points in the pre-opening session. At the same time, the Nifty crossed the 19,535 mark.
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Asian stock market saw a boom
There was an improvement in investor sentiment amid the prospects of the US Fed Reserve not increasing interest rates further and the announcement of a stimulus package by Beijing. Because of this, there was a boom in the Asian stock markets in the early trade today.
Posted Date: September 4, 2023
Publish Date: September 4, 2023
Posted By Ravi Kumar
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