The Bombay Stock Exchange Sensex opened with a gain of 249 points at 50,654.02 in early morning trading and went up to 50,985.77 with a gain of 580 points around 10 pm.
The stock market is looking upward on the first trading day of the week. The Bombay Stock Exchange Sensex opened with a gain of 249 points at 50,654.02 in early morning trading and went up to 50,985.77 with a gain of 580 points around 10 pm.
Similarly, the Nifty of the National Stock Exchange opened with a gain of 64 points at 15,002.45 and rose to 15,111.15. Nifty PSU bank has gained 3 percent. The major stocks rising in the Nifty included GAIL, ONGC, UPL, Axis Bank, and Indian Oil.
Adani Ports shares sprung up
The shares of Adani Ports and Special Economic (APSEZ) zone reached a 52-week high of Rs 768.40 on Monday. In fact, the company’s board has approved the issuance of equity shares to Windy Lakeside Investment on a preferential basis. These shares will be issued at a price of Rs 800, which is why its shares climbed in the stock market today. The company will raise Rs 800 crore through this allocation.
Rupee weakened on
Monday, the rupee opened at 73.18 against the US dollar with a weakness of 16 paise. The rupee had closed at 73.02 on Friday.
There was a fall on Friday
On the last trading day of the week i.e. Friday, the Indian stock market remained in red mark. The Bombay Stock Exchange Sensex opened 329 points down at 50,517.36 in the morning. Agro chemical company Heramba Industries has made a strong entry in the stock market.
The Sensex closed down 440.76 points at 50,405.32 at the end of trading. The Sensex fell by about 686 points to reach 50,160.54 during the trading hours around 2.15 pm. Similarly, the Nifty of the National Stock Exchange fell by 103 points to open at 14,977.95 and fell to 14,862.10. At the end of trading, the Nifty lost 142 points and closed at 14,938.10.