Mumbai
The stock market is still getting stronger. On the first trading day of the week, the Sensex opened with a gain of 500 points, while the Nifty crossed 22,650. There is a lot of shopping emphasis in the market, due to which investors are getting good profits. At 9:27 am, the Sensex was trading at 74,618.86 with a gain of 448.91 points (0.61%), while the Nifty was at 22,648.90 with 140.15 points (0.62%).
The Nifty Bank reached 48,761.40 with a gain of 407.25 points (0.84%).
The Nifty Midcap 100 index was trading at 48,794.85 with a gain of 333.05 points (0.69%).
The Nifty Smallcap 100 index was at 15,110.95 with a gain of 142.55 points (0.95%).
What do market experts say?
According to experts, the Nifty can seek support at 22,450, 22,350 and 22,300, while resistance can be seen at 22,700, 22,750 and 22,800. However, despite the positive attitude in the market, there is uncertainty about the trade war after the US imposing new tariffs, causing an atmosphere of vigilance among investors.
Top Gainers and Louquars
Encouraged shares: ICICI Bank, M&M, Axis Bank, Tata Steel, Tata Motors, Bajaj Finserv, Hindustan Unilever and Zomato were the top gainers.
Deagal shares: HCL Tech, Sun Pharma, TCS and Tech Mahindra remained in loss.
Global markets
US Markets: Dow Jones rose 0.85% to 41,841.63, S & P 500 0.64% to 5,675.12, and NASDAQ rose 0.31% to close at 17,808.66.
Asian Market: Jakarta was in a red mark, while Japan, Seoul, China and Hong Kong were trading in green mark.
FII and DII movement
In March, foreign investors (FIIs) have sold shares worth Rs 4,488.45 crore, while domestic institutional investors (DII) have purchased Rs 6,000.60 crore.
