Share Market Opening: The stock market opened positively on Wednesday. Major indices rose on better global cues. The Sensex is trading above 72,500, up nearly 350 points.
Share Market Opening Latest Update 7 February 2024
The stock market opened positively on Wednesday. Major indices rose on better global cues. The Sensex is trading above 72,500, up nearly 350 points.
The Nifty also jumped 110 points and is trading above 22,000. Banking and realty sectors are buying the most in the market. Britannia tops the Nifty with a 2% gain.
Status of Regional Index
In the early session of the stock market, the Nifty Midcap 100, BSE Small Cap and Nifty Bank indices were rising while Nifty IT was trading with slight decline.
Which stocks rose?
Among the gainers in early trade were Britannia, Axis Bank, HDFC Life, SBI, Coal India, Asian Paints and Titan, while Power Grid, Infosys, UPL, Wipro, BPCL, HCL Tech and TCS were trading lower. .
Opinion of stock market experts
Gift Nifty rose by 120 points on Wednesday morning. The Reserve Bank of India’s credit policy will be announced this week, and it will have an impact on the stock market, according to stock market experts. While stock market traders eagerly await the RBI’s decision, the RBI is expected to keep the repo rate ‘as is’ on policy issues.
Also read this:
