New Delhi, January 30 (HS). The domestic stock market has maintained a bullish trend during early trade for the third consecutive day today. Today’s trading started with a slight increase. Immediately after the market opened, the stock market fell into the red mark due to selling pressure, but after a while buyers made a strong buying push, due to which the movement of both Sensex and Nifty indices gained momentum. After the first hour of trading, Sensex was trading with a strength of 0.40 percent and Nifty with a strength of 0.53 percent.
After the first hour of trading, among the big stocks of the stock market, shares of Bajaj Finance, Bajaj Finserv, Hindalco Industries, Power Grid Corporation and ONGC were seen trading with a strength of 3.16 percent to 1.83 percent. On the other hand, shares of Tata Motors, Infosys, ICICI Bank, UltraTech Cement and Titan Company were seen trading with a decline of 6.33 percent to 0.09 percent.
So far, active trading was taking place in 2,374 shares in the stock market. Of these, 1,951 shares were trading in the green mark by making profits, while 423 shares were trading in the red mark by suffering losses. Similarly, out of the 30 stocks included in the Sensex, 22 stocks remained in the green mark with the support of buying. On the other hand, 8 stocks were trading in the red mark under the pressure of selling. While out of the 50 stocks included in the Nifty, 40 stocks were seen trading in the green mark and 10 stocks in the red mark.
The BSE Sensex opened today with a gain of 65.88 points at 76,598.84 points. As soon as the trading started, due to the selling pressure, this index fell to the red mark to 76,426.83 points, but after this the buyers in the market started buying. With the support of continuous buying, this index jumped to 76,874.40 points. After the initial 1 hour of trading amid continuous buying and selling in the market, at 10:15 am, the Sensex was trading at a level of 76,838.08 points with a gain of 305.12 points. Like the Sensex, NSE’s Nifty started trading today with a symbolic strength of 6.40 points at the level of 23,169.50 points. As soon as the market opened, due to the selling pressure, this index also fell to the red mark and slipped to 23,139.20 points. However, after a while the buyers started buying, due to which this index jumped to 23,306.10 points. After the initial 1 hour of trading amid continuous buying and selling in the market, at 10:15 am, Nifty was trading at 23,285.30 points with a gain of 122.20 points.
Earlier on the last trading day on Wednesday, the Sensex closed at 76,532.96 points with a gain of 631.55 points i.e. 0.83 percent. At the same time, Nifty ended Wednesday’s trading at 23,163.10 points with a gain of 205.85 points i.e. 0.90 percent.
Hindusthan Samachar
Comments