Sensex, Nifty open slightly higher; NTPC, TATA Steel, YES Bank, SBI top gainers
The Indian stock markets today opened slightly higher. BSE Sensex opened at 39,536.23 points against the previous day's close of 39,434.72 points.
![Sensex, Nifty open slightly higher; NTPC, TATA Steel, YES Bank, SBI top gainers Sensex, Nifty open slightly higher; NTPC, TATA Steel, YES Bank, SBI top gainers](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_850x478/public/2019/05/27/88377-stock-pti.jpeg?itok=GE21t5WL&c=afe51b0c2f88ea19f6367f993e9fa49a)
The Indian stock markets today opened slightly higher. BSE Sensex opened at 39,536.23 points against the previous day's close of 39,434.72 points. Amid global developments to trade and March quarter corporate results, investors were cautious. The broader market was mostly flat after the opening. NSE's Nifty too was flat at 11,861.95 points, up just 17.85 points. In the benchmark Nifty index, 27 stocks gained and 23 declined at 9:32 am, indicating a flat trend.
NTPC, TATA Steel, YES Bank, SBI, M&M, L&T, PowerGrid, ITC, HDFC Bank, Maruti, HDFC, are the top gainers, among other stocks on the BSE. Baja Auto, HeroMotoCorp, Sun Pharma, are among the losers on the BSE. Bharti Airtel, IndusInd Bank, Tata Motors, Asian Paints, ONGC and Sun Pharma fell as much as 1.63 percent at 9: 45 am.
However, most of the Nifty Sectoral indices were in the green except IT, media and pharma. Bank Nifty was 0.57 points up at 9: 39 am. Sensex rose 623 points and closed at 39,435 on Friday. Broader Nifty50 gained 187 points to settle at 11,844.
On Monday, oil prices went up after supply cuts led by OPEC which kept markets tight. According to Reuters report, Brent crude futures were at $69.10 per barrel at 6 am, up 0.6 per cent, over the previous close. Indian rupees also today buoyant. The rupee opened at 69.41/$ on Monday. Rupee was closed at 69.52 against the US dollar on Friday.
Early on Monday, Asian stocks witnessed upward move. MSCI’s index of Asia-Pacific shares outside Japan gained 0.1 percent. Japan’s Nikkei rose over 0.2 percent. With Dow Jones gaining 95 points to close at 25,586 and the S&P500 gaining points at 2,826 levels, US stocks gained about 0.3 percent on Friday.
Provisional data available with stock exchanges showed that following the election victory of Narendra Modi-led NDA in the Lok Sabah elections, foreign institutional investors pour in funds worth Rs 2,026.33 crore in the equity market on Friday. However, domestic institutional investors sold shares worth Rs 195.35 crore.
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
![https://www.zeebiz.com/markets/stocks/photo-gallery-large-cap-midcap-stocks-shares-to-buy-for-long-term-check-out-targets-nifty-sensex-303617](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2024/07/25/306716-stockks.jpg?itok=KJTrFUIK)
Stocks to buy for long term: Analysts suggest buying these 5 largecap, 4 midcap scrips; check out targets
![https://www.zeebiz.com/personal-finance/photo-gallery-nps-retirement-planning-budget-2024-nirmala-sitharaman-announcement-how-nps-rulebook-change-can-increase-corpus-income-and-monthly-pension-by-40-compound-return-303984](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2024/07/26/307102-indian-currency-pixabay-take.jpg?itok=kN21EW-9)
How your NPS retirement corpus and monthly pension can jump by 40% after this rule change; get details
![https://www.zeebiz.com/personal-finance/photo-gallery-senior-citizen-savings-scheme-scss-2024-interest-rate-calculator-post-office-how-to-get-inr-rs-50000-interest-retirement-planning-guaranteed-return-maturity-amount-small-savings-303930](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_700x394/public/2024/07/26/307042-fd-interest-file.jpg?itok=45ZbBRWM)
How much investment do you need in this senior citizen scheme to get Rs 50,000 quarterly interest? Know here
09:59 AM IST