Stock market special session today, Sensex jumps 120 points

Indian fairness indices opened in inexperienced on Saturday, following optimistic international cues. At 9:50 a.m., Sensex was up by 120 points or 0.15 per cent at 74,037 points, and Nifty was up 36 points or 0.16 per cent at 22,503 points.

The market is open in two periods in the present day because of the catastrophe restoration web site take a look at. The first session was opened from 9:15 a.m. to 10:00 a.m. and the second session from 11:30 a.m. to 12:30 p.m.

A catastrophe restoration web site has been created by the exchanges in order that in case of any emergency, buying and selling will be shifted to this web site.

The Nifty midcap 100 index was up by 298 points or 0.56 per cent at 51,893 points and the Nifty smallcap 100 index was up 142 points or 0.84 per cent at 17,013 points. In Sensex, 26 out of 30 shares have been within the inexperienced.

Power Grid, Nestle, Asian Paints, IndusInd Bank, and TCS have been the highest gainers. JSW Steel, Axis Bank, ICICI Bank and ITC have been the highest losers.

As per market consultants, “Dow Jones closing in report territory above 40,000 will proceed to supply international assist for fairness markets. However, in India, the election-related jitters would possibly proceed to trigger excessive volatility.”

“A major development now’s the FIIs turning patrons yesterday, and this takes away the stress on the markets,” they added.

(With inputs from IANS)