Share market made record, Sensex crossed 74,555

Share Market Opening: Gift in the global market: Amidst the better signals from Nifty and Bond index, greenery is being seen in the Indian stock market today. On the first trading day of the week, at 9.30 am, the Sensex is trading at 74,437.13, up 0.25 percent or 188.91 points. Whereas, Nifty is seen rising by 0.24 percent i.e. 53.05 points at 22,566.75. In pre-opening, the Sensex jumped 421.14 points to 74,669.36. Whereas, Nifty was up 70 points at 22,584. Currently, stocks of 3039 companies are trading in the market. Out of these, the stocks of 2110 companies are seeing a rise. Whereas, red mark is visible in the stocks of 26.75 companies. No change was seen in the stocks of 116 companies.

What is the condition of Sensex and Nifty?

On BSE’s 30-share Sensex, only four companies were trading in the red. Whereas, a rise was seen in the stocks of 26 companies. On Nifty, except PYU Bank, all the sectors are trading with green mark. The biggest growth is being seen in consumer durables and oil and gas. Stocks of PowerGrid, BPCL, Reliance, Tata Steel, Bajaj Finserv and Mahindra & Mahindra were among the top gainers on Nifty. Whereas, stocks of Adani Ports, Wipro, Apollo Hospital, Bajaj Auto, HDFC Bank and Eicher Motors were among the top losers.

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What do experts say

Experts say that the attitude of foreign investors, rupee-dollar trends and fluctuations in crude oil prices will also decide the direction of the market. Santosh Meena, head of research at Swastika Investmart Limited, said Indian companies will start announcing fourth quarter financial results this week. In this sequence, IT services company TCS is the first to declare its results. TCS results will be released on 12th April. He told that India’s industrial production figures will also be announced on April 12 and inflation for March will be announced on the same day.