The Indian stock market began the day on a positive note with key indices showing upward momentum as of 9:56 AM. Both the Sensex and Nifty saw notable gains, continuing the market’s recent rally.
The Sensex added 264.22 points, up 0.31%, trading at ₹84,808.53, opening at ₹84,651.15, and reaching a high of ₹84,881.73. Meanwhile, the Nifty rose by 112.75 points, or 0.44%, trading at ₹25,903.70, after opening at ₹25,872.55 and hitting a high of ₹25,925.80.
In the sectoral indices:
- Bankex climbed 0.20% to trade at ₹61,078.72, with an opening of ₹61,070.38 and a high of ₹61,182.31.
- Bank Nifty gained 0.16%, standing at ₹53,876.95, having opened at ₹53,917.90 and touched a high of ₹53,970.45.
- Nifty Next 50 surged by 0.93%, up 703.70 points, trading at ₹76,185.55, after opening at ₹75,893.55 and hitting a high of ₹76,246.90.
The India VIX index, which measures market volatility, saw a sharp rise of 6.72%, standing at 13.65 from an opening of 12.79, signaling heightened market volatility.
Other key movers include:
- Finnifty, which rose by 0.24% to trade at ₹24,848.50.
- MidCap Nifty, which saw a gain of 0.71%, trading at ₹13,205.25.
Investors appear optimistic, with significant gains across several sectors, indicating positive market sentiment in early trade. As trading continues, all eyes are on how these indices perform throughout the day amid fluctuating market conditions.
