Stock Market Opening: In the Indian stock market, on Tuesday, the market is starting to see a good start. Today the market has started with a gain of more than 400 points in the Sensex and the Sensex has opened at the level of 57,178.68 with a jump of 431.54 points or 0.76 percent. On the other hand, Nifty is trading above 17,000 with a gain of more than 100 points.
How did the market show in the pre-opening
Today in the pre-opening, there was a good rally in the market, due to which there is hope that the stock market can start with a boom today. After yesterday’s heavy fall, today Nifty has gained 57.70 points, or 0.34 percent, in pre-open trade at 16970 with a gain of 57.70 points. Apart from this, in the initial pre-opening trade itself, it went up by 109 points to above 17,000. As far as the Sensex is concerned, it was also trading at 57,062.82 with a gain of 315.68 points or 0.56 percent in the pre-open.
Keep an eye on top gainers / top losers
Talking about Nifty, 46 out of 50 stocks are trading with a bullish momentum and metal stocks are supporting the rally. Among the top gainers, Tata Steel, Hindalco, Kotak Mahindra Bank, Axis Bank and Adani Ports are trading with green marks, while looking at the 4 falling stocks, today there is a huge decline in pharma stocks. Cipla, Dr Reddy’s Labs, Divi’s Labs and Sun Pharma are showing weakness of 0.83 per cent to 0.26 per cent. A decline of 0.08 percent is being seen in the IOC.
There was heavy selling in the market yesterday
In yesterday’s trading session, the stock market saw a major fall and it was seen as an effect of Omicron effect. The BSE Sensex closed at 56,747.14, down 949.32 points or 1.65 per cent yesterday. At the same time, the Nifty 50 index closed at 16,913.85, down 282.85 points or 1.64 percent.
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