New Delhi. The effect of the fall in the price of crude oil in the international market is visible today even during the early trading of the domestic stock market. Today, there is a bullish trend in the stock market in the first hour of trading.
Today’s business also started on a strong note. As buying started after the market opened, the movement of both Sensex and Nifty indices increased further.
However, after the first half hour of trading, there was a slight decline in the movement of both these indices due to selling in order to book profits.
After the first one hour of trading, Sensex was trading with a gain of 0.76 percent and Nifty with a gain of 0.69 percent.
After the initial one hour of trading, shares of InterGlobe Aviation, Eternal, Infosys, Asian Paints and Tech Mahindra, among the big companies listed in the stock market, were trading with a gain of 3.67 percent to 2.42 percent.
On the other hand, shares of ONGC, Wipro, SBI Life Insurance, Dr Reddy’s Laboratories and Cipla were seen trading with a weakness of 2.51 per cent to 0.04 per cent.
In the current trading, there was active trading in 2,807 shares in the stock market. Of these, 2,282 shares were trading in the green after earning profits, while 525 shares were trading in the red after incurring losses.
Similarly, out of 30 shares included in Sensex, 26 shares remained in the green with the support of buying. On the other hand, four shares were trading in the red due to selling pressure.
Whereas out of 50 shares included in Nifty, 40 shares were seen trading in green mark and 10 shares were seen trading in red mark. BSE Sensex opened today at 76,608.98 points with a gain of 549.21 points or 0.72 percent.
As soon as the trading started, due to selling pressure, this index fell to the level of 76,530.24 points, but after this buying started in the market.
With the support of continuous buying, the Sensex jumped to the level of 76,715.64 points in just half an hour of trading. After this, due to the start of profit booking, there was a slight decline in the movement of this index.
After the first one hour of trading amid continuous buying and selling in the market, at 10:15 am the Sensex was trading at 76,641.25 points with a gain of 581.48 points.
Like Sensex, NSE’s Nifty jumped 160.95 points or 0.68 percent today and started trading at 23,928.40 points.
Due to selling pressure as soon as the market opened, this index slipped by more than 30 points from the opening level to the level of 23,896.70 points. After this, buyers started buying, due to which the movement of Nifty became bullish.
With the support of continuous buying, this index jumped to the level of 23,964.50 points in the first half-hour of trading. After this, profit booking started in the market, due to which the movement of this index took a downward trend.
After the initial one-hour trading between continuous buying and selling in the market, at 10:15 am Nifty was trading at the level of 23,931.60 points with a gain of 164.15 points.
Before this, on Friday, the last trading day of last week, the Sensex had closed at the level of 76,059.77 points with a weakness of 331.62 points or 0.43 percent.
At the same time, Nifty ended Friday’s trading at the level of 23,767.45 points with a decline of 102.15 points or 0.43 percent.
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