Stock Market Today: Rise in domestic stock markets, business in red due to buying in IT companies
Mumbai. Domestic stock markets witnessed a rise in early trading on Friday due to buying in IT sector companies and private banks. BSE Sensex opened at 75,497.10 points with a gain of 98.38 points. As soon as it opened, it went into the red for some time but then came back immediately. It was up 351.65 points (0.47 percent) at 75,750.37. At present, good buying is being seen in the IT sector and the Nifty IT index is up by more than two and a half percent.
The indices of FMCG, Auto, Private Bank and Consumer Durable products groups also remained bullish. Oil and gas, metal and realty sectors are under pressure. The Nifty-50 index of the National Stock Exchange also opened with a rise of 41.80 points at 23,731.40 points. At that time it stood at 23,804.10 points with a gain of 114.50 points or 0.48 percent.
In the Sensex, shares of IT companies Infosys and Tech Mahindra are up by about three percent and that of TCS is up by two percent. Shares of Bharti Airtel, Maruti Suzuki, Kotak Mahindra Bank, Adani Ports, HCL Technologies, Hindustan Unilever and Power Grid are up by one to two percent. Shares of State Bank of India, Reliance Industries, Trent and Eternal are down more than one percent.
Comments are closed.