Wednesday, 05 Aug, 3.51 am Business Upturn

Market Opening: Sensex nearing 38000 level at opening; Axis Bank, RIL in focus

The Indian indices on Wednesday are trading higher at opening with gains, Tracking the global cues the US markets closed higher but Trends on SGX Nifty indicated a mild start to the Indian benchmark indices.

At 9:16 IST, Sensex added 287.69 points or 0.76% to 37975.60, Nifty gaining 79 points to 0.72% at 11175.10.

At 9:20 – Sensex crossed 38000 level.

Yesterday, Sensex gained 748.31 points or 2.03% to close at 37687.91, Nifty stood at 11102.85 rallying 211.25 points or 1.94% - A boosted trading session overall.

Axis Bank, Reliance, Cadila Health, Gujrat gas are among the some stocks to be in focus for the the trade session on Wednesday.

Key Points at Market Opening:

  • Indices trade higher tracking mixed asian and Positive global cues.
  • IndusInd Bank stood as the top gainer of Nifty adding 1.84% at opening.
  • PowerGrid Corp bags the top loser of Nifty dipped by 1.09%.
  • Nifty Bank opening by adding over 120 points to 21686.25.
  • Nifty- 988 shares have advanced and 227 have declined at opening.

Results Today:

Cadila Healthcare, DLF, Canara Bank, Adani Gas, Apollo Tyres, Asahi India Glass, Birlasoft, Cera Sanitaryware, Dwarikesh Sugar Industries, EID Parry (India), Godrej Properties, Gravita India, Inox Leisure, Intellect Design Arena, JK Lakshmi Cement, Jaiprakash Associates, Jyothy Labs, Kokuyo Camlin, PNB Gilts, PSP Projects, Rane Brake Lining, R Systems International, Shakti Pumps, Strides Pharma Science, Triveni Turbine, VIP Industries, etc.

Note: No stocks are under F&O Ban on NSE Today.

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