Equity improved due to FII selling support from DII, upper circuit on 316 shares

Stock Market Today: Instability in the stock market seems to be ending. Earlier today, the Indian stock market gained momentum after opening in the green zone. Sensex rose 549 points to 81930.66. Nifty was also trading up 123.65 points at 11.00 am after touching an all-time high of 25131.95.

205 shares at new high of the year

Of the total 3933 shares traded on BSE today, 1957 were bullish and 1801 were bearish. 205 stocks reached new year's high and 21 stocks reached year's low. 316 shares hit upper circuit and 168 shares hit lower circuit.

Although foreign investors have registered heavy selling so far in October, its impact is not visible on the market. The reason behind this is the strong buying by domestic institutional investors (DIIs). Investors are now taking a positive stance on the upcoming corporate quarterly results. FIIA has collected a total of Rs. so far this month. Net sales of Rs 58394.56 crore against which DII reported Rs. Entered. Strong borrowing support of Rs 57792.20 crore.