Share Market Opening Bell! Nifty, Sensex open with minor gains amid F&O expiry today; PSU stocks top gainers
The Indian market on Thursday snapped a two-day declining streak to open with minor gains as Sensex gained over 125 points and Nifty50 above 17700, amid monthly series expiry today.
The Indian market on Thursday snapped a two-day declining streak to open with minor gains as Sensex gained over 125 points and Nifty50 above 17700, amid monthly series expiry today.
The BSE Sensex gained 136.3 points or 0.23 per cent to 59549 and Nifty50 grew marginally by 7.6 points or 0.04 per cent to 17,718 on Tuesday. While in the broader markets, Mid-cap Index too opened in the green, up by 101 points or 0.33 per cent to 30375 levels today at the market open.
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Of 50 scrips on Nifty50, 29 advanced, 20 declined and one remained unchanged minutes after the market open today. Coal India continue its winning streak for the third straight day, opened has most gainer, up 1 per cent, followed by HCL Tech, ITC, NTPC and BPCL each up around 1 per cent.
On the contrary, banking and financial stocks drag the market, as HDFC slumped over 2 per cent, followed by Kotak Bank down around 2 per cent in the early morning trade. While, Asian Paint, UltraTech Cement, Eicher Motor, Hero Moto and HUL each declined by over 1 per cent.
Sectoral wise, metal index continues to show strength up 0.6 per cent, while banking and financials decline by around 0.4 per cent. Realty stocks powered the mid-cap index by gaining over 1.5 per cent, while media stocks declined by 0.5 per cent in the early morning trade on Thursday.
Globally, the US markets on Wednesday ended mixed with Dow Jones gaining 90 points, while Nasdaq closed with losses of 34 points, While Asian markets on Thursday opened in the red like the Japanese 'Nikkei' traded lower by 150 points in early trade.
Foreign Institutional Investors (FIIs), one of the important triggers to the domestic markets, sold shares worth Rs 1896.02 crore in cash and bought Rs 3262.16 cr in index futures on Wednesday.
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