Monday, May 20, 2024

Stock Market Updates | Sensex up 500 points, Nifty at 22,100, 'hey' heavyweight stocks rally | leader


Leaders Online Desk: Indian stock markets opened on a positive note on Wednesday despite negative cues from global markets. Sensex rose 500 points to 72,960 in early trade. While Nifty touched 22,150 with a gain of 150 points. Markets have been supported by strong performance of Reliance Industries and financial stocks in particular. (Stock Market Updates)

Shares of Reliance are trading over 2 percent higher at Rs 2,950 on the Sensex. Also, the shares of Maruti, Axis Bank, Bajaj Finserv, Kotak Bank, Ultratech Cement are also booming. While the shares of Nestle India, Wipro are showing a minor decline.

Adani Ports, Reliance, Maruti, Bajaj Auto, Eicher Motors are the top gainers on NSE Nifty. While Apollo Hospital, UPL, Britannia shares have opened in red signal.

At the sectoral level, Nifty Oil & Gas has increased by 1 percent. Nifty Auto, Bank, Financials, FMCG, Metals and Realty are also bullish.

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