look news india
Stock Market Today: The Indian stock market started the week on a positive note after hitting a historic high on Friday. The Sensex opened at a record high of 80809.8 with a gain of 150 points. Out of the 30 stocks in the Sensex pack, 17 were trading higher and 12 were trading lower.
A total of 3889 stocks traded on the Sensex witnessed a 50-50 trend i.e. 1829 stocks were trading in the positive and 1891 stocks in the negative zone as volatility increased in the stock market. 225 stocks hit their year's highest level while 28 stocks hit their year's lowest level. 257 stocks hit upper circuit and 250 stocks hit lower circuit.
Status of shares
At press time, top gainers on BSE were Godfi Phillips India up 11.51 per cent, IFCI also at a new record high of 11.38 per cent, JK Tyre up 10.94 per cent, Tanala up 9.07 per cent. While on NSE Nifty, HCL, ONGC, Shriram Finance, NTPC, Dr. Reddy's were top gainers while Asian Paints, Grasim, Tata Steel, L&T, Titan were trading as top losers.
According to market experts, this week Nifty can trade in the range of 24150-24450. Volatility is likely to remain in the market till the budget. However, with bullish candle formation, Sensex can cross the target of 24900 and 25600. All sectoral indices except capital goods are trading in the green zone today. The stock market has seen a bullish trend due to encouraging results of top companies of the IT sector and positive factors at the global level.