Stock market shows resilience amidst global tensions at opening

Mumbai (Maharashtra): In a week marked by uncertainty surrounding the global economy and escalating tensions in the Israel-Palestine conflict, the Indian stock market displayed resilience as indices experienced an upswing on Tuesday’s opening bell.

The pre-market scenario appeared flat but showed an inclination towards the green, and this momentum carried over into the official market opening.

The Sensex, a prominent indicator of India’s stock market performance, surged 331.91 points, opening at 65,844.38. Similarly, the Nifty opened 78.50 points higher, beginning the day at 19,590.85.

The opening bell brought good news for investors, with 45 Nifty companies advancing, while only 4 faced declines, and 1 remained unchanged.

At 10:33 am, Sensex was trading 345.97 points higher at 65,858.36, whereas Nifty was trading 100.60 points up at 19,612.95.

Among the gainers were Adani Ports, Tata Motors, Hero Motocorp, M&M, and Adani Enterprises, providing a positive outlook for the day.

Conversely, Dr. Reddy, TCS, Cipla, Britannia, and Hindustan Unilever were among the top losers at the time of market opening.




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