A 200-point gain for the BSE Sensex, and a 17,200-point gain for the Nifty


This is the fourth day in a row that Indian equity indices have traded higher at the start of trading.

This is the fourth day in a row that Indian market indices have opened higher, continuing their recent upward streaks.
A cautious start was indicated by the Nifty Futures on the Singapore Exchange (SGX Nifty).

The official gauge of factory activity in China decreased in July, which weighed on Asian markets.

As of early trading in India, the benchmark 30-share BSE Sensex had risen by 226 points, or 0.39 percent, to 57,796 while the broader NSE Nifty had gained 85 points, or 0.50 percent, to reach a new high of 17,243 points.

The Nifty Midcap 100 gained 0.27 percent, while the small-cap index gained 0.32 percent.

The National Stock Exchange’s 15 sector indices, nine of which were in the green, were all trading higher. The NSE platform was outperformed by the sub-indices Nifty Auto and Nifty Metal, which rose by 1.34 percent and 0.84 percent, respectively.

M&M was the top gainer on the Nifty as the stock rose 5.91 percent to a value of 1,229.80. Additionally, Cipla, Maruti, Tata Motors, and PowerGrid all saw a boost.

In total, 1,833 BSE shares rose while 787 fell, indicating a wide spread in the market.

the 30-share BSE index saw a rise in the shares of a number of companies like M&M Maruti and PowerGrid, as well as a decrease in the shares of UltraTech Cement and Bajaj Finance.

Shares of the country’s largest insurer and largest domestic financial investor, Life Insurance Corporation of India (LIC), increased 0.37 percent to a trading price of 680.35.

Sun Pharma, IndusInd Bank, Hindustan Unilever, Axis Bank, Titan, and TCS were all in the red.

On Friday, the Sensex closed at 57,570, up 712 points, or 1.25 percent, while the Nifty closed at 17,158, up 229 points, or 1.35 percent.

What do you think?

Written by Geekybar

Linguist-translator by education. I have been working in the field of advertising journalism for over 10 years.

For over 7 years in journalism. Half of them are as editor. My weakness is doing mini-investigations on new topics.


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