Early Gains Signal Optimism: Sensex Up 450, Nifty Trades Above 25,800
Markets Open Firm: Nifty Crosses 25,800 as Sensex Jumps 450 Points: On the first trading day of the week, the Indian stock market gave investors a fantastic gift. Driven by strong global cues and a positive investment sentiment, the domestic equity markets opened higher on Monday. In early trading, the Nifty crossed the crucial 25,800 level, while the Sensex surged by more than 450 points. This strong start to the market further boosted investor confidence.
Market Performance in Early Trading:
On Monday morning, the Sensex was trading at 84,059.37, up 478.97 points or 0.57 percent. The Nifty rose by 139.45 points or 0.54 percent to reach 25,833.15. Market breadth also indicated strength. On the BSE, approximately 1,875 shares advanced, while 708 declined and 194 remained unchanged.
Shares Showing Buying Interest:
In the Nifty 50, banking, IT, and metal sector stocks saw strong buying interest. Leading stocks like SBI, Kotak Mahindra Bank, HCL Tech, Tata Steel, Jio Financial, and Infosys boosted the market. On the other hand, shares of Power Grid Corporation, Max Healthcare, Hindustan Unilever, Mahindra & Mahindra, and Axis Bank showed downward pressure.
ALSO READ: PNB FD Schemes: Invest ₹2,00,000 and Earn ₹77,945
