Stock Market Opening: There is a bumper rise in domestic bank shares and Bank Nifty is showing a jump of 400 points in the initial trade and the IT index is today’s hero which is shining the most.

Stock Market Opening: A great opening has been seen in the Indian stock market and after the Independence Day holiday, the stock market has opened with double enthusiasm. The stock market has got support from the explosive rise of IT shares and banks are also seeing a jump. The market is also getting support from the good performance of metal and IT shares. At the upper level, NSE Nifty has reached 24,403.55 and 47 out of 50 stocks of Nifty are seeing a great jump. Mahindra & Mahindra is the top gainer on both BSE and NSE.

At what level did the stock market start

After a day’s holiday, today the BSE Sensex opened at 79,754 after gaining 648.97 points or 0.82 percent. NSE’s Nifty closed at 24,334 with a gain of 191.10 points or 0.79 percent. On Wednesday, the Sensex closed at 79,105 while the Nifty closed at 24,143.

Why is IT stocks strong

If we look at the chart of yesterday’s closing of Nasdaq in the US market and this morning’s future trading, a jump is seen in IT stocks, which is benefiting domestic IT companies.

Latest situation of Sensex stocks

30 out of 30 Sensex stocks are up and an atmosphere of greenery is being seen all around in the stock market. All sectoral indices are seeing a green mark of growth and only the FMCG sector is seeing a slight rise. The top gainer of Sensex is M&MM and out of the 5 top gainers of Sensex, 3 stocks belong to Tata Group. Tech Mahindra, TCS and Tata Steel are among the top stocks.