Stock Market Opening Bell: On account of strong global sentiments, the Indian indices opened more than half per cent higher on Monday Opening Bell. The BSE Sensex surged 200 points to 38,635 mark while the NSE Nifty shot up 67 points to 11,439 mark. Bank Nifty index scaled 235 points to 22,535 levels.
Speaking on the current market scenario; SEBI registered technical equity analyst Simi Bhaumik said, “The market has opened above 11,400 that means it is heading for another high of 11,500. Overall the market sentiment is bullish and any dip in the market should be seen as a buying opportunity.”
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Shares of Eicher Motors, Shipping Corporation of India, Ashoka Buildcon, Union Bank of India, GMR Infrastructure, KNR constructions, Lakshmi Vilas Bank, Dewan Housing Finance Limited or DHFL and Somany Ceramics were among the leading gainers in the intraday trade session while shares of Future Retail, Reliance Infrastructure, Indian Overseas Bank, Yes Bank, Minda Industries, Oil India Limtied Kalpataru Power, HCL Teck and Ashok Leyland were among the leading losers in the opening bell trade session.