Stock Marekt Opening Bell Today: Cheering the India China joint release promising not to send further troops in the Himalyan region, the Indian indices skyrocketed in the opening bell today. The BSE Sensex soared 390 points and touched 38,124 mark while NSE Nifty shot up 84 points and hit 11,237 mark. Bank Nifty index went up 101 points and hit 21,241 level. Energy major and Sensex heavyweight Reliance Industries share price rose to the tune of near 2 per cent in early morning trade session.
Speaking on the current market trends SEBI registered technical stock analyst Simi Bhaumik said, “NSE Nifty has strong support at 11,000 to 10,900 after the closing bell yesterday. But, in the opening bell today, it has opened above 11,200, a support that got broken yesterday. If the amrket manages to sustain above 11,200 mark, then we can expect it to further go up to 11,450 levels.”
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Shares of Mahindra CIE Auto, KPIT Technologies, Advanced Enzyme Tech, Dixon Technologies, GE Power India, Repco Home Finance, Honeywell Automation and NOCIL were among the major gainers in the opening bell today while shares of Vodafone Idea, Adani Green Energy, Central Bank, Bharti Airtel, Tata Steel adn Grasim Industries were among the major losers in the opening bell trade session.
IT stocks continue to attract fresh buying as the BSE IT index rose around 0.86 per cent in the opening bell today. IT major Infosys share price soared 2.86 per cent, Majesco shares rose 4.49 per cent, shares of Mastek went up 2.79 per cent, MphasiS share added 3.10 per cent while Sasken Technologies stock price went northward 4.52 per cent in the opening bell today.
Among the major Asian indices, the Japanese Nikkei 225 shed 0.41 per cent, South Korean Kospi dipped 0.29 per cent, Hong Kong’s Hang Seng went off 0.10 per cent while the Shanghai markets added 0.05 per cent in the opening bell.
At Wall Street yesterday, Dow Jones soared 0.52 per cent, Nasdaq skyrocketed 1.71 per cent, Small Cap 2000 jumped 0.83 per cent while S&P 500 shot up 1.05 mper cent.