Stock markets rise, Sensex rises by 300 points, Nifty close to 25000

Stock Market Today: The Indian stock market has been seen moving ahead with precautionary steps. For the last three days, the growth recorded in the first half of the market is getting washed away in the second half. Today, after opening in the green mark, the Sensex rose by 302.62 points. At 10.40 am, it was trading 267.06 points higher. At the same time, Nifty is constantly trying to cross the level of 25 thousand. Nifty again fell back after touching the level of 24954.45 today. At 10.40 am, it was trading at 24937.50 with a gain of 80.20 points.

Market breadth positive

Out of the total 3759 stocks traded on BSE, 2192 stocks are trading in the green zone and 1407 in the red zone. At the time of writing, a total of 273 stocks had hit new year highs and 13 stocks had hit year lows. 263 stocks hit upper circuit and 145 stocks hit lower circuit. 21 Sensex stocks jumped up to 3 per cent, while 9 stocks were trading down by up to 1 per cent. Which shows that the market breadth is overall positive. However, cautious attitude is also observed.

Profit booking increased

Investors are buying at lower levels along with profit booking in the top 13 sectoral indices. At the time of writing the news, profit booking had increased in telecom, realty, capital goods. Bankex, midcap and smallcap indices improved by 0.50 percent.

Top Gainers and Top Losers on NSE