Sunday , November 24 2024

Amidst fluctuations, the stock market is on the rise, Sensex and Nifty jumped

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New Delhi, July 31 (HS). The domestic stock market is witnessing continuous fluctuations during the early trade today. Today's trading started with a gain. After the market opened, the pace of both the Sensex and Nifty indices was seen increasing with the support of buying. But after this, due to profit booking, the stock market also fell into the red mark for some time. However, after a while, the buyers once again started buying, due to which the stock market recovered and started trading in the green mark. After the first 1 hour of trading, the Sensex was trading with a strength of 0.28 percent and Nifty with a strength of 0.35 percent.

After the first hour of trading, among the major stocks of the stock market, shares of NTPC, Asian Paints, Adani Enterprise, Hindalco Industries and Bharti Airtel were trading with a strength of 2.54 percent to 1.25 percent. On the other hand, shares of Tata Consumer Products, Axis Bank, Power Grid Corporation, Reliance Industries and IndusInd Bank were seen trading with a decline of 1.52 percent to 0.57 percent.

Till now, there was active trading in 2,251 stocks in the stock market. Out of these, 1,427 stocks were trading in the green zone by making profit, while 824 stocks were trading in the red zone by incurring loss. Similarly, out of 30 stocks included in Sensex, 21 stocks remained in the green zone with buying support. On the other hand, 9 stocks were trading in the red zone due to selling pressure. While out of 50 stocks included in Nifty, 39 stocks were seen trading in the green zone and 11 stocks in the red zone.

BSE's Sensex opened today with a gain of 200.50 points at 81,655.90 points. As soon as the trading started, the index gained momentum due to the support of buying. But due to profit booking in the first half hour of trading, this index also dived to 81,434.32 points in the red mark. However, after a while, buyers started buying again, due to which this index recovered and made its place in the green mark. After the first 1 hour of trading amid continuous buying and selling in the market, at 10:15 am, the Sensex was trading at 81,687.12 points with a strength of 231.72 points.

Like the Sensex, NSE's Nifty started trading today with a gain of 29.40 points at the level of 24,886.70 points. After the market opened, due to the support of buying, this index remained bullish for some time. But after this, due to profit booking, this index fell to 24,856.50 points in the red mark. However, after this, once again the buyers put in a lot of effort in buying, due to which this index made its place in the green mark in a short time. After the initial 1 hour of trading amid continuous buying and selling in the market, at 10:15 am, Nifty was trading at 24,943.80 points with a strength of 86.50 points.

Earlier on Tuesday, the previous trading day, the Sensex closed at 81,455.40 points with a gain of 99.56 points or 0.12 percent. On the other hand, the Nifty ended Tuesday's trading at 24,857.30 points with a gain of 21.20 points or 0.09 percent.