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September 21, 2020
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Record: Sensex opened above 42,000, 200 points higher; Nifty crossed 12,000

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  • The stock market opened at record levels on Monday.
  • The Sensex opened at 42,146.78 after gaining 201.41 points.
  • The rupee opened at 71.10 today against the dollar.

 

The stock market opened on record level on the first trading day of the week i.e. Monday. The Bombay Stock Exchange’s flagship index Sensex opened at 42,146.78 after gaining 201.41 points, or 0.48 percent.

Sensex opened at 42,146.78 after gaining 201.41 points, or 0.48 percent

At the same time, the National Stock Exchange’s Nifty opened at 12,399.35 after gaining 47 points, or 0.38 percent.

Such was the situation of veteran shares

Talking about the big stocks, the shares of Power Grid, Yes Bank, HCL Tech, HDFC, Infratel, Zee Limited, SBI, IndusInd Bank and Asian Paints opened on the green mark. The shares of IOC, TCS, Wipro, Bharti Airtel, ONGC, Grasim, Coal India, NTPC, Bajaj Auto and Nestle India opened on the red mark.

Sectoral index tracking

If we look at the sectoral index, today all sectors except IT opened on the green mark. These include metals, pharma, auto, FMCG, realty, private banks, PSU banks, and media.

This was the condition of the stock market during the pre-open

The stock market was at the green mark at 9:10 am during the pre-open. The Sensex was up 317.63 points, or 0.76 percent, at 42,263. The Nifty was at 12,430.50 after gaining 78.15 points, or 0.63 percent.

The rupee opened at 71.10 level against the dollar

The rupee opened at 71.10 today against the dollar. However, the rupee had closed at 71.08 against the dollar on the previous trading day.

Market factors will affect these factors

Expectations for the general budget to be presented on February 1 will determine the direction of the stock market this week. Apart from this, the quarterly results of companies, crude oil prices, rupee move and the attitude of foreign investors will also affect the market. The quarterly results of Kotak Mahindra Bank, Bank of Maharashtra, Axis Bank, Canara Bank and Bank of Baroda are due this week. Investors will be watching these. Analysts say the US-Iran tensions and the signing of the first-stage trade agreement between the US and China are the main reasons for the stock market’s recent boom.

Sensex opened on a slight decline on the previous trading day

The stock market opened on a slight decline on the previous trading day. The Sensex opened at a level of 41,876.38 after falling 56.18 points, or 0.13 percent. At the same time, the Nifty opened at 12,329.85, after losing 25.65 points, or 0.21 percent.

Sensex closed at 41,945.37 on Friday

The stock market closed at a flat level after a day’s trading on Friday. The Sensex closed at 41,945.37 after gaining 12.81 points, or 0.03 percent. At the same time, the Nifty closed at 12,352.35 levels after falling 3.15 points or 0.03 percent.

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