The domestic stock market is showing a strong trend during the early trade today. Today’s trade started with a gain. As soon as the market opened, the stock market fell into the red mark for a few minutes due to selling pressure, but after this, foreign investors, excited by the trend of the US election, started buying, due to which the stock market movement gained momentum.
However, there was selling in between for profit booking. Despite this, the stock market movement remained steadily bullish. After the first 1 hour of trading, the Sensex was trading with a strength of 0.68 % and the Nifty with a strength of 0.64 %. After the first 1 hour of trading, among the stock market’s leading stocks, the shares of Trent Limited, Infosys, HCL Technology, TCS and Tech Mahindra were trading with a strength of 2.89 % to 2.43 %.
On the other hand, shares of Titan Company, SBI Life Insurance, Tata Steel, HDFC Life and Hindustan Unilever were seen trading with a decline of 1.87 % to 0.60 %. Till now, there was active trading in 2,367 shares in the stock market. Out of these, 1,963 shares were trading in the green mark by making profit, while 404 shares were trading in the red mark by suffering loss.
Similarly, out of the 30 stocks included in the Sensex, 24 stocks remained in the green mark with the support of buying. On the other hand, 6 stocks were trading in the red mark due to selling pressure. While out of the 50 stocks included in the Nifty, 41 stocks were seen trading in the green mark and 9 stocks in the red mark.
BSE’s Sensex opened today with a strength of 295.19 points at 79,771.82 points. As soon as the market opened, due to the selling pressure, the index fell to the red mark to 79,459.12 points in the first 10 minutes of trading, but soon after this the buyers made their force, which accelerated the movement of this index.
In a short time, this index jumped more than 600 points, crossed the 80 thousand points mark and reached 80,115.34 points. However, after this, there was a slight decline in its movement due to profit booking. After the first 1 hour of trading amid continuous buying and selling in the market, at 10:15 am, the Sensex was trading at 80,014.16 points with a gain of 537.53 points. Like the Sensex, NSE’s Nifty today jumped 95.45 points to start trading at the level of 24,308.75 points.
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