The stock market opened on a positive note on Wednesday. Bombay Stock Exchange’s benchmark Sensex was trading at the level of 72,705.59 with a rise of 235.29 points at the time of market opening in the morning i.e. at 9.15 am. Simultaneously, the index Nifty of the National Stock Exchange was also trading at the level of 22085.10 with a rise of 80.40 points. According to Moneycontrol news, BPCL, Adani Ports, Maruti Suzuki, Reliance Industries and Hindalco Industries were the major gainers on Nifty when the stock market opened, while UPL, Tata Consumer, Britannia Industries, Wipro and Nestle India were among the losers. Came forward as.
Bank Nifty also opened strong
Broader indices opened in the green. The Bank Nifty index opened nearly 44 points or 0.09% higher at 46,643.45. Adani Ports, BPCL, Apollo Hospitals, Reliance Industries and Hindalco were the top gainers in Nifty 50. While Britannia, Dr Reddy’s Laboratories, Tata Consumer, UPL and HDFC Bank remained on top in Nifty 50 on March 27. Experts believe that Bank Nifty will resume its retracement towards 47000 – 47200 in the next few trading sessions.
Crude and investors’ trends
SAIL was the only stock in the F&O ban list on Tuesday. On Wednesday morning, WTI crude prices were seen trading 0.52% lower at $81.22 and Brent crude prices were seen trading 0.68% lower at $85.66. Let us tell you, according to provisional data of NSE, foreign institutional investors (FIIs) bought shares worth a net of ₹ 10.13 crore on March 26, while domestic institutional investors (DIIs) bought shares worth ₹ 5,024.36 crore.
Shares in Asia rose on Wednesday after the U.S. benchmark gave up gains in the last half-hour of trading, with investors reshuffling portfolios following a rally that has already lifted more than $4 trillion this year. Shares in Japan rose at the open, while Australian and South Korean shares were little changed, according to Livemint. Futures indicated a decline in Hong Kong.
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