New Delhi, 4 December (H.S.): The domestic stock market is experiencing a bullish trend during early trade today. The trading session started strongly, with the market gaining momentum thanks to buying support. However, the market's movement slowed down after 10 am due to profit booking.
In the first hour of trading, the Sensex was showing a strength of 0.39% and the Nifty 0.35%. Among the stock market giants, HDFC Life, TCS, SBI Life Insurance, Wipro, and BPCL shares were trading with a strength of 1.85% to 1.19%. On the other hand, shares of Bharti Airtel, Cipla, Adani Ports, Adani Enterprises, and Dr. Reddy's Laboratories were seen trading with a decline of 1.45% to 0.95%.
Currently, there is active trading in 2,363 shares in the stock market, out of which 1,790 stocks are making profits while 573 stocks are incurring losses. Out of the 30 stocks included in the Sensex, 21 are in the green mark due to buying support while 9 are in the red mark due to selling pressure.
Similarly, out of the 50 stocks included in the Nifty, 31 are trading in the green mark and 19 in the red mark. The BSE Sensex opened today with a gain of 190.47 points at 81,036.22 points and continued to rise up to a level of 81,245.39 points around 10 am before slowing down due to profit booking.
As of 10:15 am, it was trading at a level of 81,159.96 points with a gain of 314.21 points. Similarly, NSE's Nifty started trading at a level of 24,488.75 points and jumped up by 31.60 points.
Hindusthan Samachar / Jun Sarkar