As a result of the strong international market, the domestic stock market started trading well on Monday, April 4, the first day of this trading week. Nifty and Sensex are both in the green today. At the opening of today’s trading session, the Sensex reached 59,764 and exceeded it as soon as it surpassed 59900. Similarly, the Nifty started at 17,809, and Nifty crossed the level of 17900 in the initial trade.
The Sensex is currently trading at 60290, up 1013 points or 1.71 percent. Nifty is trading at 17935.85, a jump of 265.40 points or 1.50 percent.
A total of 1966 stocks started trading today on the BSE, of which 1520 opened with gains and 323 opened with losses. The share prices of 123 companies opened without changing. As of today, 75 shares are trading at 52-week highs and 4 shares are trading at 52-week lows. Since morning, 208 shares have been trading upper circuit and 48 shares have been trading lower circuit.
As the market opened today, news broke that HDFC and HDFC Bank would merge. HDFC shareholders will receive 42 shares in HDFC Bank. Due to the news of the merger, HDFC and HDFC Bank have seen a strong increase in share prices. HDFC Bank is experiencing its biggest trading boom in two years.
A sharp rise in the stock market marked the end of the first day of the new financial year. The BSE Sensex closed 708 points higher at 59,277, while the NSE Nifty index closed 205 points higher at 17,670.