Domestic stock markets opened on a positive note on Thursday (26 December) amid mixed signals from Asian markets and weakness in GIFT Nifty. Earlier on Wednesday, the stock markets were closed due to Christmas. The stock market has seen a strong start after the Christmas holidays. The stock market opened in the green at 9.30 am. Talking about Sensex, Sensex opened with a gain of 347 points at 78,820 points, while Nifty opened with a gain of 101 points at 23,828 points.
Top Gainer and Top Loser Share
ICICI Bank, Axis Bank, SBI, Kotak Mahindra Bank, Maruti Suzuki were the top gainers in Nifty. While TCS, Asian Paints, Tech Mahindra, HUL and Shriram Finance were the top losers of Nifty.
NTPC Green Energy
Shares of NTPC Green Energy Limited saw a decline of up to 5 percent in early trade. The one-month lock-in period for the company’s shareholders ends today. After this, 18.3 crore shares or 2% of the company’s equity will become free for trading.
What signals from global markets?
A bullish trend is being seen in the global markets today. In Asian markets, Japan’s Nikkei, Hong Kong’s Hang Seng Index and China’s Shanghai Composite Index are trading in the green. At the same time, most of the European markets are also witnessing a rise. US stock markets closed with gains due to the beginning of the so-called ‘Santa Rally’.
Rupee at its lowest ever level
Meanwhile, the decline in rupee against the dollar is showing no sign of stopping. The rupee fell to an all-time low against the US dollar on Thursday due to rising US Treasury yields and decline in most Asian currencies. The rupee was trading at 85.24 against the dollar today. Whereas on Tuesday it closed at Rs 85.20. At the same time, the market was closed on Wednesday due to Christmas.
Rise in these 10 stocks
Now let’s talk about those stocks which made the biggest jump during early trading in the stock market. So let us tell you that on Thursday, 1674 shares opened in the green zone with a rise, apart from this, 857 shares started trading in the red zone with a decline. There remained 182 shares in which there was no change.
Till the time of writing the news, shares of SBI, shares of Axis Bank and shares of ICICI Bank were trading with a gain of more than 1 percent in BSE largecap. Shares of GoDigit, belonging to the midcap category, were trading up around 3%, shares of CG Power were trading up 1.50%.
