Stock Market Today: On account of strong global sentiments after the Wall Street rally yesterday, Indian indices regained the positie momentum in teh intraday trade session. The BSE Sensex skyrocketed 1,265 points regaining 31,000 levels after closing at 31,159 levels. The NSE Nifty index surged 363 points and closed at 9,111 levels. Bank Nifty shot up 967 points and closed at 19,913 levels.
Speaking on the current stock marjket scenario Prakash Pandey, MD & CEO at Plutus Advisors said, “Market has regained positive momentum on strong global cues after Wall Street rally yesterday. However, Nifty needs to close above 9,050 levels for one more trade session as it would be a sign of investors having full faith in the Indian fight against Coronavirus and now only trigger that would affect the Indian markets will be the Wall Street performance. So, opening and close on Monday will be crucial as the Stock Market will be closed on tomorrow on the occassion of Good Friday.
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Shares of HDFC Bank, Sun Pharma, Reliance Industries, Cadila Healthcare, IndusInd Bank, Axi Bank, ICICI Bank, Housing Development Finance, Lupin and SBI were among the most active stocks throughout the intraday trade session while shares of Tata Motors, Sun Pharma, Cipla and HDFC Bank were among the most trending stocks in the intraday trade session.