Share Market Opening: Indian stock market is witnessing a sharp rise for the second consecutive day. Amid strong signals from the global market, the Sensex jumped 454.86 points or 0.63 percent to reach 72,640.95 in pre-opening on the third trading day of the week. Whereas, Nifty was trading at 22,083 with a gain of 153.60 points or 0.70 percent. However, at 9.30 am the Sensex is trading at 72,423.79, up 0.33 percent or 237.70 points. At the same time, Nifty is trading at 21,990.60, up 0.28 percent or 61.20 points. Today every index is seeing a rise in the market. As soon as the market opened, Bank Nifty increased by 0.56 percent i.e. 253.80 points and went above 46000. Shares of all 12 banks in the index are rising rapidly.
how is the index
Apart from the bank index, a strong rise is being seen in the auto and metal indices. Along with this, the midcap index is also on the rise. Nifty appears to be only 80 points away from the all-time high. Shares of Britannia, Axis Bank, Asian Paints, Coal India and HDFC Life have been included among the top gainers on Nifty. Whereas, shares of Power Grid Corp, UPL, Infosys, Maruti Suzuki and Dr Reddy’s Labs are among the top losers.