The effect of positive signals in the global market was seen on the stock market on Thursday and it started strongly. After yesterday’s big fall, today the 30-share Sensex of the Bombay Stock Exchange opened with a jump of 400 points, while the National Stock Exchange’s Nifty also started trading with a gain of more than 100 points. Many stocks including Tata Steel, SBI, Adani Port rose with tremendous speed on BSE.
Nifty again crossed 25000
On Thursday, the fourth trading day of the week, both the stock market indices opened with gains. BSE Sensex opened at 81,930.18 with a strong jump of 407 points compared to its previous close. On Wednesday, it broke badly and closed at 81,523. On the other hand, NSE Nifty jumped from its previous close of 24,918 and opened above the level of 25000. It opened at 25,059, rising by 119 points.
Signs were received even before opening
On the last trading day, Wednesday, there was selling pressure from almost every part of the stock market, from metal, auto to PSU stocks, and Sensex-Nifty fell apart. But today this picture seemed to have changed and its indication started coming even before the market opened. Actually, after the initial pressure, the US market suddenly closed at the day’s high level, while the Asian market is also seeing growth. Gift Nifty rose by more than 150 points.
These 10 stocks rocked
Among the 10 stocks that rocked the early trade amid the rise in the stock market, Tata Steel Share jumped more than 2 percent to reach Rs 152.44. Adani Port Share was also seen trading with a rise of about 2 percent to reach the level of Rs 1456.65. Among its large cap companies, JSW Steel, SBI, Bharti Airtel saw a rise of around 1.5%-2%.
Talking about mid cap companies, Aurobindo Pharma Share rose 3.78% to Rs 1564, while MaxHealth Share jumped 3.01% to trade at Rs 904. LIC’s company LIC Housing Finance Share rose 2.81% to reach Rs 694.35.
Now if we talk about the initial performance of small cap companies in the stock market, then Blackrose Share included in this category reached Rs 156 with a rise of 13.50%, while FDC Stock reached the level of Rs 641.35 with a jump of 11.09%. When trading started in the stock market, 1,932 shares started trading in the green zone with a rise, while 407 shares started in the red mark with a decline. Apart from this, there were 129 shares in whose situation no change was seen.
(Note- Before making any investment in the stock market, please consult your market experts.)
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