Monday, the first trading day of the week, saw momentum in the stock market. The Bombay Stock Exchange’s 30-share Sensex opened with a rise of around 200 points from its previous close and soon surged to over 500 points. On the other hand, National Stock Exchange Nifty also made a strong start and ran over 180 points. Amid the market boom, there was a strong rise in other stocks, including HDFC Bank shares.
Sensex touched 82000
First of all, let’s talk about BSE Sensex, the index opened at 81,576.93 level on Monday compared to 81,381.26 level on Friday. After a strong start, it continued to rise and at the time of writing at 10 am, it was trading at 81,919.50, up 538.55 points or 0.66 percent.
Nifty also made a huge jump
Like BSE Sensex, NSE Nifty also opened above 25,000. The Nifty opened trading at 25,023.45 as compared to its previous close of 24,964 and jumped over 180 points to 25,131.95 in a short span of time. However, it fell to 25,017 during trading.
These stocks started the race in large cap
Now let’s talk about the most buoyant stocks in the early trade on Monday: L&T share, included in the large cap category, rose 1.76% to Rs. Apart from this, HDFC Bank share rose by 1.68% to Rs. reached 1678.80. Apart from this, JSW Steel rose 1.50%, Tech Mahindra rose 1.30%.
Midcaps and smallcaps also rose
NIACL share 3.27%, TorntPower share 2.66%, GICRE share 2.65% Qk Federal Bank share 2.40% in midcap category are trading up 2.40%. Among small cap companies, HLVTD’s share is trading up to 15% and GANECOS’ share is trading up to 10%.
(Note- Before investing anything in the stock market, be sure to take advice from your market expert.)