September 21, 2024

Stock market, stock market bounce; Sensex rises 277 points to cross 60 thousand, Nifty touches 17,900 – share market opening today sensex tops 60000, nifty above 17900 on positive global cues


Mumbai : Global cues for domestic stock markets look strong. Today’s trading sees buying in major Asian markets. Earlier on Friday, the American market also closed with a boom. The Dow Jones gained 377 points on Friday to close at 32,151.7. The S&P 500 index rose 1.53 percent to close at 4,067.36. The Nasdaq rose 2.11 percent to close at 2,112.31. The market will now be eyeing the inflation figures.

Meanwhile, talking about global cues, today’s trade shows buying in major Asian markets. Meanwhile, earlier on Friday, US markets also closed higher. Brent crude looks soft. Brent crude is trading close to $91 per barrel in the international market. While US crude is at 85 dollars per barrel. In the US, the 10-year bond yield is 3.327 percent. IT and auto stocks are bullish in early trade.

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Beginning of stock market
The stock markets got off to a strong start in the first trading session of the week, on Monday, on the back of good cues from global markets. Sensex has crossed the 60,000 mark today. Besides, the Nifty 50 index also opened above 17,900. Sensex and Nifty are witnessing an increase of one and a half to two and a half percent in today’s trading session. Sensex opened today with a gain of around 250 points. Sensex is up half a percent and the index opened above 60,049.12. Apart from this, the Nifty 50 index has managed to open above 17,900. In today’s trading session, 2044 shares were bought and 632 shares were sold. Apart from this, there is no change in 154 shares.

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Top Gainers and Top Losers of Nifty
In early trade, 24 out of 30 stocks in the Sensex are trading bullish. Most Tech Mahindra shares gained 2.76 percent. On the other hand, talking about Nifty’s top gainers, TECH Mahindra, Adani Ports, Tata Steel, Infosys and UPL were seen doing brisk business. At the same time, top losers were Shree Cement, Ultratech Cement, Asian Paints, HDFC Life and Kotak Bank.

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Last week’s stock market
The stock market closed higher on Friday, the last trading day of the week. The 30-point Sensex ended the trading session up 104.92 points to close at 59,793.14. Meanwhile, the 50-point National Stock Exchange Nifty rose 34.60 points to close at 17,833.35 points. Among the stocks in the Sensex, Tech Mahindra gained the most by 3.32 percent.



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