Stock Market Update: Sensex Gains 200 pts At Open, Nifty Above 17,200; Key Points

Last Updated: August 01, 2022, 09:26 IST

Indian equity markets opened in the green

Indian equity markets opened in the green

Sensex Today: Indian equity markets opened in the green amid supportive global cues and strong inflows from foreign investors on Monday morning.

Sensex Today: Indian equity markets opened in the green amid supportive global cues and strong inflows from foreign investors on Monday morning. At 09:02 IST, the Sensex was up 94.23 points or 0.16 per cent at 57664.48, and the Nifty was up 102.80 points or 0.60 per cent at 17261.10.

M&M, Cipla, Hindalco Industries, Tata Steel and Power Grid Corp were among major gainers on the Nifty, while losers were Sun Pharma, Britannia Industries, TCS, Tech Mahindra and HUL.

Global Cues

Asian share markets got off to a slow start on Monday as disappointing Chinese economic data fed doubts last week’s rally on Wall Street could be sustained in the face of determined policy tightening by global central banks

Tokyo stocks edged up in early trade on Monday, extending rallies on Wall Street as traders eyed upcoming corporate earnings. The benchmark Nikkei 225 index gained 0.05 per cent, or 14.52 points, to 27,816.16 at the open, while the broader Topix index added 0.14 per cent, or 2.63 points, to 1,942.94.

US stocks racked up more gains Friday as Wall Street closed out its best month since November 2020, a welcome breather for investors after a punishing year for the market.

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