new Delhi. The stock market opened higher on the first trading day of the week. The Bombay Stock Exchange’s flagship index Sensex is trading 82.62 points up at 45,162.17. At the same time, the National Stock Exchange’s Nifty is trading 28.00 points at 13,286.55 levels. On Friday, the stock market saw a sharp rise. Sensex-Nifty touched new heights. The Sensex closed at the level of 45079.55, up 446.90 points. The Nifty closed at the level of 13258.55 with a gain of 124.65 points.
The Sensex opened up 98.43 points at 44731.08 on the previous trading day and the Nifty opened 35.30 points at 13169.20. Thereafter, the Sensex and Nifty saw strong momentum with the announcement of decisions taken in the meeting of RBI’s Monetary Policy Committee.
The two indexes reported gains of up to five weeks amid reports of progress in the formulation of coronovirus vaccines. ONGC recorded an all-time high of 4.6% since March. Pfizer’s Indian arm climbed 2.5% in initial business after applying for the Emergency Use Authority of the COVID-19 vaccine in the US. HDFC Bank Ltd. fell by 1.8% since November. The Reserve Bank of India on Thursday blocked the bank from issuing new credit cards due to an outage in the bank’s internet banking, mobile banking, payment utilities.
Among today’s major stocks, Adani Ports, Ultratech Cement, ICICI Bank, Hindalco and Sun Pharma opened sharply. Reliance, HDFC Life, Bajaj Finserv, BPCL and HCL Tech opened on the red mark.
Talking about the sectoral index, today, apart from finance services and realty, all sectors opened on the green mark. These include IT, private banks, bank FMCG, auto, pharma, PSU banks, metals and media.
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