Stock market was bright on the first day of the week, Sensex and Nifty closed in green; These stocks remained bullish

Share Market Highlights: The Indian stock market closed in the green in Monday’s trading session. At the end of the day, Sensex was up 291.17 points or 0.38 per cent at 77,094.07 and Nifty was at 24,102.90, up 89.80 points or 0.37 per cent. Along with largecaps, midcaps and smallcaps witnessed a rise. The Nifty Midcap 100 index was up 211.80 points or 0.34 per cent at 62,729.10 and the Nifty Smallcap 100 index was at 18,897.00, up 112.55 points or 0.60 per cent.

The market rise was led by defense and media stocks. Among the indices, Nifty India Defense was the top gainer with gains of 1.47 per cent and Nifty Media with gains of 1.42 per cent. After this, Nifty Pharma, Nifty Healthcare, Nifty Oil & Gas, Nifty IT, Nifty Commodities, Nifty PSE, Nifty India Manufacturing, Nifty Financial Services and Nifty Energy also closed in the green. Apart from this, Nifty Consumer Durables, Nifty FMCG and Nifty Consumption closed in the red.

Today’s Top Gainers and Losers

Sensex pack includes Tech Mahindra, Sun Pharma, Infosys, BEL, Bajaj Finserv, Kotak Mahindra BankHDFC Bank, Bajaj Finance, SBI, Bharti Airtel, ICICI Bank, UltraTech Cement, Maruti Suzuki, Axis Bank and TCS were the gainers. Asian Paints, Titan, Power Grid, Trent, ITC, Eternal, HUL, Adani Ports, L&T, M&M, Indigo and NTPC were the losers.

You can gauge the rise in the broader market from the fact that out of all the companies listed on the Bombay Stock Exchange (BSE), more than 2,600 closed in the green, while the number of companies that closed in the red was more than 1,700.

Nifty started with a boost

According to SBI Securities, Nifty started with a rise and then traded in a narrow range of 95 points and closed with a gain of 0.37 per cent. The brokerage firm further said that the zone of 24,200-24,230 is a resistance level for Nifty and if it breaks it, then 24,230 and then 24,400 levels can be seen. At the same time, in case of a decline, the level of 23,970-23,950 is the support zone.

The market was open in green mark

first day of the week domestic stock market The opening has been very good and positive. Asian markets were mostly traded in the green, which boosted investor confidence significantly. Earlier on Friday, the market had closed in the red with a huge fall. But today, due to the positive signals of Gift Nifty, the market has once again regained its vibrancy.

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The direction of the market is completely dependent on many international and domestic factors. The most important thing in this is the progress in the ongoing peace talks between America and Iran. Representatives of Qatar and Pakistan have said that a deal will be finalized within 60 days. Apart from this, crude oil prices are also playing a big role in deciding the direction of the market.