Thursday’s stock market opening was higher in anticipation of today’s important Q1 reports. While the larger NSE Nifty began at 19,627.20, the benchmark BSE Sensex opened higher to recapture its 66,000 milestone, opening at 66,057.53.
By 9.30 am, the major indices had stabilized, with the Sensex up 12.45 points, or 0.02 percent, to 65,965.93 and the Nifty up 7.05 points, or 0.04 percent, to 19,604.35.
Today’s Stock Market
The biggest gainers in the morning trade were Asian Paints, Dr. Reddy’s, Coal India, NTPC, Apollo Hospitals, Titan, Axis Bank, SBI, Tata Steel, ONGC, Power Grid, and Hero MotoCorp, keeping major indices in the green.
Adani Ports, Tech Mahindra, Eicher Motors, Bharti Airtel, Adani Enterprises, Divis Lab, Nestle India, TCS, Infosys, M&M, Britannia, and Bajaj Auto were among the worst losers.
- Stock market opens higher, anticipating Q1 reports.
- Morning trade gains Asian Paints, Dr. Reddy’s, Coal India, and Apollo Hospitals.
- Nifty Pharma, PSU Bank, Consumer Durables, and real estate sectors rise.
Key indices were underperforming larger markets, which were all trading in positive territory. While Nifty Midcap 50, Nifty Midsmallcap 400, Nifty Midcap 100, Nifty Smallcap 100, and Nifty Smallcap 250 all increased by 0.26 percent, 0.25 percent, and 0.24 percent respectively, Nifty Midcap 50 increased by 0.37 percent.
Nifty Pharma increased by 0.86%, PSU Bank up by 0.87%, Nifty Consumer Durables increased by 0.41%, and the real estate sector increased by 0.38%.
