Market Opening: Second day on a row the indices open higher; Vodafone Idea, HUL and Axis Bank in focus

The Indian indices opened positive consecutively for the second day of the week led by positive global cues and in hopes with the vaccine development process.

The Indian indices opened positive consecutively for the second day of the week led by positive global cues and in hopes with the vaccine development process to be successful in the country and other foreign countries as well.

At 9:15 IST, Sensex was trading at 37828 up by 409.60 points or 1.09% and Nifty was trading at 11134.10 up by 111 points or 1.02%.

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Vodafone Idea to be in focus during the trading session after the AGR hearing that happened yesterday dated 20th July before which the company paid off 1000 Crore as the dues pending.

Yesterday at close, Sensex was trading at 37418.19 up by 398 points or 1.08% and Nifty at close was trading at 11027 up by 126 points or 1.16%.

Key Points:

  • Benchmark indices backed by the positive global cues trading higher at opening with Vodafone Idea, HUL and Axis Bank in focus.
  • At market opening, Wipro stands as the top gainer of Nifty up by 2.77%.
  •  Bharti Infratel stands as the top loser of Nifty down by 1.62% at market opening.
  • Nifty Bank at opening was trading at 22683 up by 361.81 points or 1.62%.

Results Today:

Hindustan Unilever, Axis Bank, Bajaj Finance, Bajaj Finserv, HDFC Life Insurance Company, ICICI Prudential Life Insurance Company, SBI Life Insurance Company, IndiaMART InterMESH, etc.

Stocks under F&O Ban Today:

Adani Enterprises, Bharat Heavy Electricals, Canara Bank, Century Textiles & Industries, Glenmark Pharmaceuticals, Vodafone Idea, L&T Finance Holdings, Mahindra & Mahindra Financial Services, National Aluminium Company and Sun TV are under the F&O ban for July 21.