Stock Market
Green start for Dalal Street! Sensex surges, Nifty holds strong — top gainers shine!
Mumbai/IBNS: The Indian stock market opened on a positive note on Thursday, with the BSE Sensex rising over 100 points and the NSE Nifty 50 trading above the 25,800 mark, according to media reports.
Most sectors, including automobiles, banking and IT, were trading in the green, while consumer goods and media stocks showed weakness.
On the BSE, leading gainers included Eternal (up 1.38%), Tata Steel (1.26%), Adani Ports (0.82%), Infosys (0.74%) and L&T (0.54%).
The markets had closed lower on Wednesday after early gains were wiped out toward the end of the session.
Globally, Wall Street ended higher on Wednesday, with all three major indices closing in positive territory. Asian markets, however, traded slightly lower on Thursday.
Market analyst Anil Singhvi told Zee Business that he expects support for the Nifty 50 at 25,650–25,725, with a strong buy zone around 25,450–25,575. For Nifty Bank, he projected support at 58,650–58,825, and a stronger support range at 58,325–58,525.
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