New Delhi, April 28 (HS): The domestic stock market appears to be on a bullish trend during early trading today. The market opened with gains as well. However, shortly after the market opened, a slight decline was recorded due to selling pressure, but soon after, buyers intensified their purchasing, resulting in a surge in both indices. This rise allowed the Sensex to once again cross the 80,000 mark. After the first hour of trading, the Sensex was up 1.07 percent and the Nifty by 0.97 percent.
After one hour of trading, shares of major companies in the stock market, such as Reliance Industries, Bharat Electronics, ICICI Bank, Bajaj Finserv, and Dr. Reddy’s Laboratories, were trading with gains ranging from 2.99 percent to 1.51 percent. On the other hand, shares of Shriram Finance, HCL Technology, Tech Mahindra, Maruti Suzuki, and Infosys were seen trading with declines ranging from 7.62 percent to 0.68 percent.
So far in trading, 2,416 shares were actively traded in the stock market. Of these, 1,285 shares were trading in the green, making profits, while 1,131 shares were in the red, incurring losses. Similarly, out of the 30 shares included in the Sensex, 22 shares remained in the green with purchasing support, while 8 shares were trading in the red under selling pressure. In the Nifty, out of 50 shares, 38 were in the green and 12 were in the red.
The BSE Sensex opened today with an increase of 131.10 points at a level of 79,343.63 points. As soon as trading began, there was a slight weakness in the index due to selling pressure, but within 10 minutes, buyers regained strength, leading to a rise in the index. Amid ongoing buying and selling in the market, after the first hour of trading, at 10:15 AM, the Sensex was trading at 80,062.04 points with a gain of 849.51 points.
Similarly, the NSE Nifty started today with an increase of 30.90 points at a level of 24,070.25 points. As the market opened, this index fell due to selling pressure, dropping to 24,054.05 points. Following the initial decline, buying began in the market, allowing the index to pick up speed. After the first hour of trading amid continuous buying and selling, at 10:15 AM, the Nifty surged by 232.25 points to trade at 24,271.60 points.
Earlier, on the last trading day of the previous week, Friday, the Sensex closed with a decline of 588.90 points, or 0.74 percent, at a level of 79,212.53 points. Meanwhile, the Nifty ended Friday’s trading at a level of 24,039.35 points, down by 207.35 points, or 0.86 percent.
Hindusthan Samachar / Jun Sarkar
