The stock market started with a green mark on Friday morning and tremendous enthusiasm was seen among the investors in the initial trading itself. Indian benchmark index Nifty opened above 26,200 amid mixed signals from global markets, while Sensex also showed slight gains. Buying sentiment dominated the market in the initial minutes itself, which further strengthened the morale of investors.
At 9:20 am, the Sensex was trading 51.68 points or 0.06% higher at 85,772.06, while the Nifty was trading 11.05 points or 0.04% higher at 26,226.60. The market breed looked a bit weak with 1082 shares trading with gains, while 1213 shares declined and 171 shares remained unchanged.
Who became the top gainer of the market?
In Nifty 50, Titan Company, Maruti Suzuki, SBI Life Insurance, SBI and ONGC were major gainers with early gains. On the other hand, Asian Paints, Max Healthcare, Tata Steel, Axis Bank and L&T were seen suffering initial losses.
Special attention will be kept on these shares today
- Wipro: Wipro has announced a multi-year partnership with Odido Netherlands BV. This partnership can provide a big boost to the company’s European business.
- Adani Enterprises: Adani Group will buy 72.8% stake in FSTC for Rs 820 crore. This acquisition will strengthen the company’s presence in the aviation training sector.
- Lemon Tree Hotels: The company has launched two new hotel properties in Surat Airport and Haridwar, significantly expanding its portfolio.
- Rail Vikas Nigam (RVNL): East Coast Railway has handed over a new project worth Rs 9.64 crore to RVNL, which will further increase the order book of the company.
- Global Health (Medanta): Medanta has launched a 550-bed super-speciality hospital in Noida, which may trigger movement in the healthcare sector stock.
- Bandhan Bank: Bandhan Bank has approved the sale of NPAs worth more than Rs 3,200 crore and write-off portfolio worth Rs 3,700 crore, which may provide relief to the bank’s balance sheet.
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