Trading
Sensex, Nifty jump at opening bell — Infosys, Titan, Asian Paints lead early market rally
Mumbai/IBNS: The stock market on Monday opened in green with BSE Sensex surging 209 points to 83,425.57 and NSE Nifty 50 shooting up 71.45 to 25,562.75 in early trading, media reports said.
The market is tracking the strength in global equities and gains in Asian peers as the US shutdown is likely coming to an end.
The Shipping Corporation shares have plunged 7 percent as its Q2 FY 2025-26 net profit tumbled 39 percent to Rs. 176, Economic Times reported.
The Ola Electric shares have fallen by 3.3% even after it has refused a South Korean media report that claimed the vehicle maker acquired foreign technology through improper means, the report says.
Among the top losers this morning have been Transformers and Rectifiers (India), Trent, Schneider Electric Infrastructure, Shipping Corporation of India and Nava.
Asian Paints, Infosys, Bharat Electronics (BEL), Reliance Industries, Titan, Tata Motors are among the gainers.
In his opinion, market guru Anil Singhvi says aggressive traders can buy Nifty in the 25,325-25,450 range with a strict stop loss at 25,250 for targets of 25,500, 25,575, 25,600, 25,650, 25,675 and 25,725, Zee Business reported.
Aggressive traders can sell Nifty in the 25,575-25,700 range with a strict stop loss at 25,800 for targets of 25,500, 25,450, 25,425, 25,375, 25,325 and 25,275, Singhvi says.
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