Share Market Opening Bell! Sensex, Nifty open on a positive note; metals lead the surge - Titan up 8%
The Indian market started Thursday’s session in the green amid positive global cues, as Sensex gained around almost 450 points, while Nifty above 17800 levels. The strength in the market is mainly seen from the banking and financial stocks along with metals.
The BSE Sensex jumped by around 443 points or 0.8 per cent to 59632.81, while Nifty surged over 140 points or 0.75 per cent to 17,810 on Thursday. While in the broader markets, mid-cap Index soared by over 325 points or 1 per cent to 31053.7 levels today at the market open.
See Zee Business Live TV Streaming Below:
Of 50 scrips on Nifty50, 46 advanced, 04 declined minutes after the market open today. Tata Group company shares Titan company and Tata Motors surged most in the early morning trade by around 8 and 3 per cent, followed by IndusInd Bank, Eicher Motor and ICICI Bank up over 1 per cent.
In an otherwise strong market, ONGC declined most on the back of profit booking, down around 2 per cent, followed by slipping marginally Divis Lab, Britannia and IOC.
All Nifty indices are in the green in the early morning trade on Thursday, with Nifty Auto gaining most by over 2 per cent, led by Tata Motors and Eicher Motor. Besides, other indices such as IT, banking, financials and pharma too aided the market most to surge minutes after the open today.
On the global front, the US markets bounced back from days' low on Wednesday as Dow Jones ended higher by 100 points, while Nasdaq saw swings of over 250 points before closing higher by 68 points.
Similarly, Asian markets on Thursday opened in the green led by the Japanese ‘Nikkei' which was up over 300 points in early trade as most Asian markets had oversold and due for a sharp comeback.
Meanwhile, Foreign Institutional Investors (FIIs) on Wednesday sold shares worth Rs 802.81 crore in cash market and Rs 998.69 crore in index futures.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SRH vs GT IPL 2024 Ticket Booking Online: Where and how to buy SRH vs GT tickets online - Check IPL Match 66 ticket price, other details
Top 7 SWP Mutual Funds: Rs 50 lakh investment, Rs 70K monthly pension for 10 years, and Rs 42.30 lakh balance value; know more details
Gold and Silver rate today (May 13, 2024): Precious metal under pressure; yellow metal near Rs 72,400, white metal above Rs 84,600
SIP Returns: How Rs 3,000, 5,000, and Rs 10,000 SIPs can help you build retirement corpus of Rs 1.06 cr, Rs 1.77 cr, and Rs 3.53 cr
09:38 AM IST