Mumbai (Maharashtra): The stock market kicked off the trading day on a positive note, invertors watching for an upward trend throughout the session.
At the opening bell, the Sensex showed a gain of 151.15 points, reaching 66,177.19, while the Nifty started 46.20 points up at 19,857.95.
At 10:12 am, Sensex was trading 90.84 points higher at 66,114.08, whereas Nifty was trading 20.60 points up at 19,832.45.
Among the nifty companies, 41 were advances and 9 were declines. Bajaj Auto, Eicher Motors, HDFC Life, Asian Paints, and Tata Consumer Products took the lead as top gainers. Conversely, Cipla, Dr Reddy, Ultra Cement, Hindalco, and ONGC faced initial losses.
Investors are closely monitoring the Nifty’s crucial level, with key factors such as a 4 per cent drop in WTI Oil prices and the steady climb of Wall Street influencing market sentiments. Technical analysis suggests a potential positive trend if the Nifty closes above the critical 19,889 level.
(With inputs from ANI)
