Share Market: Stock market opened on green mark; Sensex crosses 81000 points in early trade, Nifty also rises

New Delhi| The stock market opened on the green mark. Sensex rose 190.47 points to 81,036.22 points in early trade and Nifty rose 48.1 points to 24,505.25 points.

In fact, domestic markets gained momentum in early trade on Wednesday due to inflow of foreign capital. Shares of NTPC, Tech Mahindra, ITC, Tata Consultancy Services, HCL Technologies, Infosys, Larsen & Toubro, Bajaj Finserv, Bajaj Finance and HDFC Bank rose the most among the 30 Sensex-listed companies. Shares of Bharti Airtel, Reliance Industries, Adani Ports and Tata Motors were in loss.

In Asian markets, South Korea, Japan’s Nikkei and China’s Shanghai Composite were in loss while Hong Kong’s Hang Seng was in gain. American markets closed with a positive trend on Tuesday. International standard Brent crude rose 0.05 percent to $73.66 a barrel. Foreign institutional investors (FIIs) were buying on Tuesday and bought shares worth a net Rs 3,664.67 crore, according to stock market data.

According to experts, the markets are in a positive trend in December, foreign investors are also starting buying. However, geopolitical events are projected to continue to impact markets in the near future.

Ajay Bagga, banking and market expert, said, “Indian markets have gained strongly in the last three sessions”. FPI inflows remained positive on Tuesday. U.S. markets touched their 55th all-time high for the year 2024, a record since 1929.

Although Indian futures are indicating a calm start, overall the December season is in favor of a Santa Claus rally in India. Is. Mood The mood of the market has changed from “selling at every rise” to “buying at a fall”.

Among the regional indices on NSE, except Nifty Media and Nifty Pharma, all other indices opened in green. On the Nifty 50 list, 33 stocks rose, while 17 stocks fell. BEL opened with top gains, followed by HDFC Life, SBI Life and NTPC.

The domestic market continues to rise after three consecutive days of gains due to strong global cues and slight improvement in the sentiment of foreign institutional investors (FIIs). On Tuesday, FIIs have made a net purchase of Rs 3,664.67 crore. In contrast, domestic institutional investors (DIIs) sold shares worth Rs 250.99 crore.

In other Asian markets, South Korea’s Kospi index remained down 1.83 percent after the country imposed martial law. Japan’s Nikkei 225 index was up 0.15 per cent and Taiwan’s weighted index up 0.54 per cent, with a slight fall of 0.18 per cent.