Green in the stock market, Sensex opened up 333 points at 58,744, Nifty opened above 17400

Stock Market Opening: Today’s day is showing signs of trading with good momentum for the Indian stock market. The market has started with great gains and Nifty has crossed 17400 in the opening itself. The trade has also opened in the Sensex with a jump of more than 300 points. In Asian markets, except Nikkei, all the other indices are trading with green marks. The market is getting support due to strong growth of IT and bank stocks in the domestic market.

how is the market open today
Today the stock market has started with a good start and the BSE 30-share index Sensex has opened at 58,744 with a gain of 333.15 points or 0.57 per cent. NSE’s 50-share index Nifty opened at 17,438 with a gain of 126.95 points, or 0.73 percent.

Sensex and Nifty condition
Today only one out of 30 shares in the Sensex is trading with a decline and 46 out of 50 stocks of Nifty are seeing green marks of increase. The red mark of decline dominates in only 4 stocks.

Today’s rising stocks
In Sensex today Bharti Airtel, SBI, M&M, L&T, Wipro, UltraTech Cement, Asian Paints, Reliance, ITC, HCL Tech, Maruti, HUL, TCS, Tata Steel, Infosys, Nestle, Titan, ICICI Bank, Bajaj Finance, IndusInd Bank , HDFC Bank, Dr Reddy’s Labs, Tech Mahindra, NTPC, HDFC Bank, Kotak Mahindra Bank, Bajaj Finserv, Sun Pharma and HDFC shares are seeing a jump.

Today’s Falling Stocks
In the Sensex today, only the share of Axis Bank is showing a decline. On the other hand, today Apollo Hospitals, Axis Bank, HPCL and Divi’s Labs are trading in red mark with weakness in Nifty.

Market expert opinion for today
Dr. Ravi Singh, VP, Head of Research, Share India Says that today Bank Nifty is expected to open between 40200-40250 and it is expected to trade in the range of 39900-40600 in the day’s trading. The outlook for today is the same.

trading strategy for bank nifty today

To buy: Buy when above 40400, target 40600 and stopplus 40300

For Sell: Sell if it goes below 39900, target 39700 and stop loss 40000

How was the market in the pre-open
In today’s market pre-opening, Sensex and Nifty were showing mixed business. The BSE Sensex was seen at the level of 58237 with a fall of 173 points or 0.30 percent. On the other hand, NSE’s Nifty was up by 26.70 points, or 0.15 percent, at the level of 17338.

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