The Sensex surged by an all-time high of 950.15 points to open at 68,435.34. Simultaneously, the Nifty also marked an all-time high gain of 334.6 points, opening at 20,601.95. Notably, 49 Nifty companies witnessed advances while only one experienced a decline.
It's really a good morning for those who have subscribed to initial public offerings of Tata Technologies, and were lucky enough to have got the stock allocated against their name, as the Tata Group company on Thursday made its stock market debut with a bumper 140 per cent premium over it
Options data indicates a broader trading range between 19600 to 20000 zones, with an immediate range of 19700 to 19900 zones. The weekly scenario reveals Maximum Call Open Interest (OI) at 19900, followed by 20000 strikes, while Maximum Put OI is observed at 19800, then 19700 strikes.
The closure marks a moment of respect and acknowledgement for the Sikh community, commemorating the birth anniversary of Guru Nanak Dev Ji, the founder of Sikhism.
Hearing the Adani-Hindenburg matter, the Supreme Court on Friday remarked that it is easy to make allegations against anyone and opined the petitioners to show some responsibility while levelling charges against any party.
Closing at 65,940.27, the Sensex experienced a decline of 36.57 points, while the Nifty ended 6.00 points lower at 19,790.55. Within the Nifty companies, 19 witnessed advances, but 31 showed declines.
Nifty, opening on a flat note due to the US holiday yesterday and a half-trading day today, displayed resilience in a narrow range trade yesterday, closing marginally down by 5 points but maintaining a position above the crucial 19800 mark.
The Sensex marked a 5.43-point downturn, closing at 66,017.81, while the Nifty followed suit with a 9.85-point decline, settling at 19,802.00. Among Nifty companies, 25 witnessed advances, while 25 faced declines.
Indian stocks were in the green, though marginally, at the opening bell Wednesday. The upside was likely limited due to overnight losses in the global benchmark US market.
At the closing bell, the BSE Sensex reported a dip of 139.58 points, settling at 65,655.15, while the NSE Nifty declined by 37.80 points, closing at 19,694.00.