look news india
Stock Market Today: Counting of votes has started for Haryana and Jammu and Kashmir assembly elections. The market opened with a decline in view of the exit polls before the election results. But with the start of counting of votes, a trend in favor of BJP has been seen in the stock market. Sensex rose 450 points and Nifty rose 200 points.
At 10.45 am, Sensex was trading 400.32 points higher at 81450 and Nifty was trading 128.75 points higher at 24924.50. Buying environment was seen in all sectoral indices except IT, Techno and Metal. With this, investors' capital has increased to Rs 3 lakh crore.
2445 shares in green zone
Out of 3765 shares traded on BSE, 2445 shares improved and 1183 shares declined. At the time of writing, 102 shares had hit new highs for the year. While 94 shares recorded the year's lowest level. 149 shares hit upper circuit and 279 shares hit lower circuit. The index rose 1.36 percent led by a 15 percent rise in smallcap stocks. Midcap index is trading up 1 percent, Power index up 1.73 percent.
Impact of China's relief package, gap in metal stocks
On the other hand, IT index is trading down by 0.37 percent and Technology index is down by 0.25 percent. Metal stocks fell after China announced relief package. Due to this, the metal index was trading down by 1.19 percent. NMDC were trading down 3.93 per cent, Tata Steel 3.16 per cent, JSW Steel 2.70 per cent and Jindal Steel 1.48 per cent down.