Market opened with gains, Nifty reached record high

Share Market Opening: Indians amid weak signals from global market Share Market Opened with an edge. Nifty opened at record high 22,248 in preopening. However, at 9.25 am Nifty is trading at 22,210.75 with a gain of 0.062 percent or 13.80 points. At the same time, Sensex is trading at 73,140.61 with a rise of 0.11 percent or 83.21 points. Out of thirty stocks on Sensex, shares of 18 companies are trading with green mark. Whereas, shares of 12 companies are trading with red mark. JSW, Bharti Airtel, Tata Steel, Mahindra & Mahindra and Bajaj Finserv have joined the category of top gainers on Sensex. Whereas, shares of Power Grid, HDFC, Axis Bank and Nestle India have been included in the category of top losers.

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What is the condition of the sectors?

There is a rise in almost all the sectors on Nifty. There is a boom in PSU banking, metal and auto sectors. At the same time, Nifty Reality is seen trading at 902.35 with a rise of 1.73 percent i.e. 15.35 points. Whereas, a slight rise is being seen in Nifty IT and Media. On Sensex, in the steel sector, Tata Steel is seeing a rise of 2.80 percent i.e. Rs 145, while JSW is seeing a rise of 2.91 percent i.e. Rs 844.50. Vinod Nair, Head of Research, Geojit Financial Services, said that amidst the ups and downs, the domestic market is once again on the way to record highs. The reason for the rise is buying in bank shares. After the recent decline in private sector banks, the momentum has returned.

how was the market yesterday

The bullish trend continued in the local stock markets for the sixth consecutive trading session on Tuesday and BASE Sensex rose by 349 points. At the same time, the Nifty of the National Stock Exchange again reached a new record level. The market gained momentum due to buying in shares of banks and select companies manufacturing daily use goods. In the volatile trade, BSE Sensex based on thirty shares recovered from the initial loss and closed at 73,057.40 points with a gain of 349.24 points or 0.48 percent. Happened. 18 Sensex stocks were in profit while 12 were in loss. National Stock Exchange’s Nifty, based on fifty shares, closed at a new record level of 22,196.95 points with a gain of 74.70 points or 0.34 percent. During trading, Nifty reached its all-time high of 22,215.60 points. Major indices opened with losses but the market recovered from losses due to buying in shares of private banks and remained in profit for the sixth consecutive trading session.