Stock Market Gains Today: An Overview
The stock market has kickstarted the day with substantial gains, indicating a vibrant day ahead. As major companies are gearing up to announce their quarterly results, investors and traders are keeping a close eye on the market. Consequently, the financial sector is showing a lot of activities, with the Bank Nifty level noted at 51,900.
Performance of Mid-Cap Index and Auto Index
Showing an upward trend, the mid-cap index is trading higher by approximately half a percent. On the other hand, the auto index sags by more than 3 percent, majorly impacted by a sharp drop of 7-7.50 percent in Bajaj Auto shares.
Surge in L&T and Emphasis Shares
Meanwhile, investors had a good reason to cheer as L&T shares recorded considerable gains. Additionally, Emphasis shares saw an over 4 percent surge and continue to maintain their upward trajectory.
Current Status of BSE Sensex and Nifty
The BSE Sensex had a promising start, opening at 81,758, up by 256.71 points or 0.31 percent. However, within the first 10 minutes, it slipped below its upper level. Initially, the Nifty opened in the green at 25,027, up by 56.10 points or 0.22 percent. It, unfortunately, dipped into the red zone and dropped below 25,000 after 10 minutes. Presently, the Nifty is hovering around the level of 24,940.
An Overview of BSE Sensex Shares
As of 9:44 AM, only 7 out of the 30 shares in the BSE Sensex were trading in the green, while 23 shares are experiencing gains. Stay tuned for more live updates and gain insights for investment in the stock market.
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