Friday, February 23rd, 2024

Domestic stock market opened with a boost, Sensex jumped 225 points, Nifty at all-time high, these stocks are in focus


Photo:FILE The stock market opened with a rise on Friday.

The bullish trend continues in the domestic stock market. The stock market opened with a rise on Friday, the last session of the week. Bombay Stock Exchange index Sensex was trading at the level of 67213.49 with a gain of 225.05 points at 9.16 am. Similarly, the benchmark Nifty of the National Stock Exchange was also trading at the level of 20,210.90 with a rise of 77.75 points. According to Money Control news, on Nifty, NTPC, Apollo Hospitals, L&T, IndusInd Bank and Asian Paints were the biggest gainers at the market opening, while Bajaj Auto, Wipro, Hero MotoCorp, Titan Company and Axis Bank were among the losers.

Market today in pre-opening

The stock market gave positive signals in the pre-opening session on Friday. BSE index Sensex was seen gaining 218.15 points and trading at the level of 67206.59 at 9.03 am. Similarly, NSE’s Nifty was also trading at the level of 20218.45 with a gain of 85.30 points. Pre-opening session is from 9 am to 9.15 pm.

world market trends

Equities around the world have posted strong profits in recent weeks on hopes that the US central bank Federal Reserve will not raise rates and may cut borrowing costs next year if inflation remains low. Crude oil prices fell despite the OPEC group of petroleum producing countries agreeing to cut supply by about 900,000 barrels per day. According to Live Mint news, in Asia, PMI data is about to be released for India, South Korea and Taiwan, as well as the latest inflation reports for Indonesia and Pakistan. Investors will also keep an eye on Caixin PMI data for China for November.

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