Stock Market Today: On account of positive global cues, the Indian indices opened on the higher side in the opening bell today. The BSE Sensex rose 143 points to 35,054 levels while the NSE Nifty gained 39 points to 10, 350 levels. Bank Nifty index went up 191 points to 21,901 levels. Healthcare, metal and telecom shares were among the major gainers in the early morning trade session.
Sepaking on the current market scenario Prakash Pandey, MD & CEO at Plutus Advisors said, “The market is expected to trade sideways in the range of 10,270 to 10,480. But, my advice to the traders is to adopt buy on dips strtegy and every dip should be seen as a buying opportunity.”
Among teh major Asian indices, the Japanese Nikkei 225 index rose 0.88 per cent, South Korean Kospi added 0.34 per cent, Hong Kong’s Hang Seng surged 0.98 per cent while Shanghai index went up 0.17 per cent.
On Wall Street, the Dow Jones Industrial Average rose 0.59%, the S&P 500 gained 0.65% and the tech-heavy Nasdaq Composite added 1.11% to set a record closing high.