Slight gains in the stock marketMumbai:
After Wednesday's rise, the markets are seen trading cautiously on Thursday morning. The Sensex is trading 44 points higher at 63187 shortly after opening in the morning. At the same time, the Nifty has gained 11 points and is trading at 18738. In the Nifty 50, 35 stocks are showing advances, while 14 stocks are showing a decline. THE STOCKS THAT ARE SEEING A BOOM HERE INCLUDE HEROMOTOCO, POWERGRID, JSWSTEEL, NTPC, NESTLEIND STOCKS. AT THE SAME TIME, THE SHARES THAT ARE SEEING A DECLINE INCLUDE BPCL, KOTAKBANK, EICHERMOT, AXISBANK, HINDUNILVR SHARES.
As far as BSE is concerned, 2127 shares are currently being traded here. Of these, 1443 stocks are up, while 550 stocks are showing a decline. There are 82 stocks that are trading at a 52-week high while 4 stocks are at a 52-week low. On the BSE, 78 stocks have an upper circuit while 34 stocks have a lower circuit.
On Wednesday, the local stock markets rose for the fourth consecutive trading day due to increased foreign capital inflows amid a mixed trend in global markets and the Sensex jumped more than 350 points to cross the 63,000 mark.
According to traders, buying in metal, realty, oil and gas and industrial stocks also supported trading sentiment. The strengthening of the rupee also boosted sentiment. The 30-share BSE index ended 350.08 points or 0.56 per cent higher at 63,142.96. During the day, it jumped 403.55 points to 63,196.43.
Similarly, the broader NSE Nifty rose 127.40 points, or 0.68 per cent, to close at 18,726.40. This was the fourth consecutive trading day of rise in both markets. On Tuesday, the Sensex had gained 5.41 points and the Nifty had gained 5.15 points.
Nestle was the top gainer in the Sensex pack, rallying nearly 1 per cent. Tata Steel, Tata Motors, Bharti Airtel, Larsen & Toubro, Power Grid, NTPC, Tata Consultancy Services, Tech Mahindra, Infosys and Axis Bank were among the top gainers. On the other hand, Kotak Mahindra Bank, Maruti Suzuki, Bajaj Finance, Mahindra & Mahindra and ICICI Bank were among the laggards. The BSE Smallcap gained 15.1 per cent, while the mid-cap gained 09.<> per cent.