New Delhi, May 26 (H.S.): U.S. President Donald Trump’s decision to delay the imposition of 50% tariffs on Europe until July 9 has positively influenced the domestic stock market, initiating a strong bullish trend during today’s initial trading session. The market opened robustly, with heightened purchasing from buyers resulting in a significant rise. After the first hour of trading, the Sensex was up by 0.80% while the Nifty increased by 0.78%. Major companies such as Hindalco Industries, Mahindra and Mahindra, Tata Motors, Hero MotoCorp, and Larsen & Toubro reported gains between 1.60% and 2.71%. Conversely, stocks like Eternal, Shriram Finance, Bharat Electronics, SBI Life Insurance, and Trent Limited were in the negative range, with losses from 0.23% to 3.55%.
Throughout the trading session, 2,459 stocks were active, with 1,789 trading positively and 670 negatively. Within the Sensex’s 30 stocks, 29 remained in positive territory. Similarly, among the Nifty’s 50, 44 stocks showed gains. The BSE’s Sensex opened at 81,928.95 points, up 207.87 points, facilitated by aggressive buying from foreign portfolio investors, despite some intermittent profit-taking sell-offs. By 10:15 AM, the Sensex increased to 82,372.59 points, up 651.51 points, while the Nifty climbed from an opening of 24,919.35 points to reach 25,079.20 points before slight declines occurred. Last Friday, the Sensex closed at 81,721.08 points with a rise of 769.09 points, and the Nifty finished at 24,853.15 points, up 243.45 points.
Hindusthan Samachar / Jun Sarkar
