The movement of the Indian stock market is fast today and a good bounce was seen in the beginning of the market. The market is rising with the support of banking stocks. Today, as soon as the market opens, 1500 shares are trading with gains and Indigo's shares have reached the highest level of the year. Yes Bank also jumped by 7 percent while BSE fell by 16 percent after the stock market opened.
How was the beginning of the market?
BSE Sensex opened 252.59 points or 0.34 per cent higher at 73,982.75 and NSE Nifty opened 55.60 points or 0.25 per cent higher at 22,475.
Sensex-Nifty stock position
Out of 30 BSE Sensex stocks, 27 are showing good growth and only 3 are in decline. Banking shares have played a big role in the strong rise of Sensex. At the same time, 42 out of 40 stocks of NSE Nifty are rising and 8 stocks are declining.
Sensex shares update
Tech Mahindra was up 1.80 per cent and ICICI Bank was up 1.75 per cent. UltraTech Cement rose 1.27 percent, Maruti rose 1.26 percent. IndusInd Bank shares are trading at 1.16 percent and NTPC shares are trading at 1.15 percent. Declining stocks included ITC, Bajaj Finserv, M&M and HCL Tech.