The market has opened higher fuelled by firm global markets. Today, The equity market seems to trade with positive strength in the morning trade. Sensex trading above 28,000 and Nifty above its crucial support level of 8,700. The Sensex is up 194.89 points or 0.70 percent at 28166.01, and the Nifty up 54.55 points or 0.62 percent at 8713.65. Sensex starts at 28,031.57, It touched a high of 28,212.50 and touched a low of 28,031.57 in morning trade. Nifty starts at 8,693.35, It touched a high of 8,727.00 and touched a low of 8,687.75 in the first one hour. Now BSE midcap index index trading at 13609.41, higher by 56.70 points or 0.42 percent and BSE smallcap index is up 93.99 points or 0.70 percent to 13445.88. Bank Nifty also rising with 269.45 points or 1.39 percent. The Indian rupee has opened lower at 66.68 per dollar against previous close 66.67 per dollar.
ICICI Bank, Adani Ports, SBI, HDFC, and Axis Bank are the top gainers. While HDFC Bank, HUL, ITC, BHEL, and Sun Pharma are the major losers in the Sensex.
Stock Trading Advice -
BUY Tata Chemicals, SL - 278 Rs, TGT - 583 Rs
BUY L&T Finance, SL - 106 Rs, TGT - 98 Rs
Market breadth ended positive with 1597 gainers 1227 losers on the BSE.
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