Bank Nifty opened in green territory with an increase of 704 points or 1.35 per cent at 52 872.30 whereas the Nifty Midcap opened at 56149.90, an up of 295.20 or 0.53 per cent increase.
The Indian stock market opened at a record high with Sensex opening at 79,840.40, above 364 points or 0.46 per cent, and Nifty at 24,228.75, up 86 points or .36 per cent high.
Extending the ongoing uptrend, Indian stock indices kicked off the July-September quarter on a high. The indices Sensex and Nifty started Monday's session on a flat note, but as the day progressed both the indices accumulated decent returns for the investors.
The Nifty 50 index maintained above 24,000 levels and traded at 24,022 after a marginal gain of 14 points at the time of this report. Similarly, the BSE Sensex sustained above 79,000 and opened flat with a gain of 40 points, reaching 79,086 points.
Among the sectoral indices, Nifty Bank deteriorated and remained in red while other sectors that remained in red territary were Financial Services, Media and Private stocks were seen trading in red.
Mumbai (Maharashtra) [India], June 28: Shriram Asset Management Company (Shriram AMC) announced the launch of Shriram Nifty 1D Rate Liquid ETF (Growth), an open-ended Exchange Traded Fund tracking the Nifty 1D Rate Index.
Among the sectoral indices on NSE, Nifty Bank, Financial services, FMCG, IT, Media, Metal, Pharma, Realty, Healthcare, Oil and gas, and consumer durables started in the green territory.
The Sensex started the day 94.13 points lower at 78,580.12, while the Nifty fell 19.25 points to open at 23,849.55. The market sentiment was dampened by weak cues from Asian markets.