Sensex and Nifty Surge in Early Trade Amid Trump's Iran Dialogue Optimism
New Delhi, 15 April (H.S.): Buoyed by US President Donald Trump''s signal to resume talks with Iran to resolve the West Asia crisis, domestic stock markets mirrored global exuberance today, opening with robust gains. Trading commenced on a stron
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New Delhi, 15 April (H.S.):

Buoyed by US President Donald Trump's signal to resume talks with Iran to resolve the West Asia crisis, domestic stock markets mirrored global exuberance today, opening with robust gains.

Trading commenced on a strong note, though profit-booking post-opening induced a mild dip in both Sensex and Nifty indices. Nevertheless, the market sustained vigorous upward momentum.

After the first hour of trading, Sensex advanced 1.71 percent, while Nifty climbed 1.67 percent.

Among heavyweight stocks post-initial hour, InterGlobe Aviation, HDFC Life, Max Healthcare, Larsen & Toubro, and TCS traded with gains ranging from 4.60 percent to 3.07 percent.

Conversely, Dr. Reddy's Laboratories, ONGC, Coal India, and ICICI Bank operated with declines between 1.38 percent and 0.21 percent.

Up to this juncture, active trading encompassed 2,829 stocks, of which 2,639 advanced in green territory, while 190 declined in red.

Of the 30 Sensex constituents, 29 traded in green buoyed by buying support, with only one under selling pressure in red. Among Nifty's 50 stocks, 46 remained green, and four red.

BSE's Sensex opened 1,133.53 points higher at 77,981.10. It swiftly surged to 78,270.42, before profit-taking pulled it to 77,849.52. Renewed buying then propelled it upward; by 10:15 a.m., after the first hour amid sustained buy-sell activity, Sensex traded 1,313.62 points up at 78,161.19.

Mirroring Sensex, NSE's Nifty debuted 321.15 points higher at 24,163.80, peaking over 115 points above opening at 24,280.90, then slipping to 24,145.80 on profit-taking. Fresh buying revived its ascent; by 10:15 a.m., post-initial hour amid ongoing transactions, Nifty advanced 397.65 points to 24,240.30.

The previous trading day, Monday, saw Sensex close 702.68 points or 0.91 percent lower at 76,847.57, while Nifty ended 207.95 points or 0.86 percent down at 23,842.65.

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Hindusthan Samachar / Jun Sarkar


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