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Stock Market Surge: Sensex Jumps 450 Points, Nifty Crosses 22400

After Thursday's heavy fall, the Indian stock market opened with a gain on Friday. Both Sensex and Nifty indices saw good gains in early trade.

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HIGHLIGHTS

  • Sensex was seen trading with a gain of 457 points at 72,076 in early trade.
  • Nifty-50 index has reached the level of 22,412 with a jump of 182 points.
  • Tremendous jump in IT sector shares, TCS and Infosys shares jumped by 3 to 5 percent.
  • out of 30 Sensex shares are in green, while decline was recorded in Reliance and BEL.
Stock Market Surge: Sensex Jumps 450 Points, Nifty Crosses 22400

Greenery Returns to Indian Stock Market

Investors in the Indian stock market have breathed a sigh of relief today.

After the heavy fall seen in the market on Thursday, the market has opened with a gain on the last trading day of the week today.

Tremendous boom has been seen in the market in early trade itself, which has increased the enthusiasm of investors.

Grand Start for Sensex

Sensex, the main index of Bombay Stock Exchange, opened today with a gain of 183 points at 71,776.

During early trade on Friday morning at 9:37 AM, it was at a jump of 0.64 percent.

In terms of points, Sensex was seen trading at 72,076 with a gain of 457 points.

Jump in Nifty-50 as Well

On the other hand, National Stock Exchange's index Nifty-50 also did not lag behind.

At this time, Nifty was seen trading at 22,412 with a gain of 0.82 percent or 182 points.

This jump in both the major indices of the market has tried to compensate for the losses of the previous session.

Latest Status of Sensex Shares

Out of 30 major shares of Sensex pack, 25 shares are trading in green mark.

At the same time, red mark i.e. decline has been seen in only 5 shares.

Magic of IT Sector Giants

IT sector shares have had the biggest contribution in this market boom.

A grand jump of 4.57 percent was seen in the shares of Tata Consultancy Services (TCS).

Infosys shares are also trading with a strength of 3.53 percent.

A jump of 2.28 percent has also been recorded in the shares of Tech Mahindra.

Other Major Gainers

Apart from IT sector, buying is also being seen in companies of other sectors.

Shares of Adani Ports, ITC and HCL Tech are trading in green mark.

Gains also continue in the shares of HDFC Bank, SBI, Trent, Tata Steel and Axis Bank.

List of Top Gainers of Nifty-50

Many shares gave good returns to investors on National Stock Exchange till 9:55 AM.

TCS share reached ₹2,185.00, which is an increase of 5.25%.

Infosys (INFY) share is trading at ₹1,028.15, there is a jump of 3.12% in it.

Eicher Motors (EICHERMOT) shares are at ₹6,941.50, showing a gain of 2.57%.

HCL Technologies (HCLTECH) price was ₹1,205.10, in which a jump of 2.40% came.

Apollo Hospitals (APOLLOHOSP) shares are at ₹7,847.00 with a gain of 2.36%.

HDFC Life (HDFCLIFE) share is showing strength of 2.33% at ₹557.20.

Max Healthcare (MAXHEALTH) is trading with a jump of 2.24% at ₹893.00.

Tech Mahindra (TECHM) share is at a gain of 2.07% at ₹1,527.20.

Kotak Mahindra Bank (KOTAKBANK) is trading with a jump of 1.94% at ₹443.45.

Adani Ports (ADANIPORTS) share is at a gain of 1.87% at ₹1,740.00.

Performance of Mid-cap and Other Shares

A jump of 1.48 percent was seen in TVS Motor shares and it was at ₹277.05.

Power Grid share is trading with a gain of 1.47% at ₹248.25.

ITC shares are trading with a strength of 1.43% at ₹258.65.

State Bank of India (SBIN) share is at a jump of 1.40% at ₹953.20.

Shriram Finance (SHRIRAMFIN) was seen with a gain of 1.37% at ₹929.80.

Trent (TRENT) share is trading with a jump of 1.31% at ₹2,914.00.

Eternal shares are trading at a gain of 1.27% at ₹323.10.

A Look at Declining Shares

Despite all-round boom in the market, selling pressure was seen in some shares.

Bharat Electronics (BEL) share is trading with a decline of 1.12% at ₹363.20.

Reliance Industries (RELIANCE) shares are showing weakness of 0.62% at ₹1,170.70.

BSE share is trading with a decline of 0.47% at ₹3,319.20.

Cipla (CIPLA) shares are trading with a sluggishness of 0.40% at ₹1,301.60.

Sun Pharma (SUNPHARMA) share is at a minor decline of 0.02% at ₹1,759.40.

These figures show the situation till 9:55 AM.

*Edit with Google AI Studio