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The domestic stock market opened at a record high on Monday. Benchmark equity indices started the trading session on a positive note. The National Stock Exchange (NSE) Nifty 50 opened 0.25% higher at 25,856.05, while the Bombay Stock Exchange (BSE) Sensex rose 150 points to open at 84,693. The broader indices opened in the green during early trade. Similarly, the Bank Nifty index opened 11 points lower at 53,783.
The most movement in these stocks
At the start of trading, Bharti Airtel, Shriram Finance, Bajaj Auto, Divi’s Labs, and M&M were among the top gainers on the Nifty, while ICICI Bank, Hindalco, IndusInd Bank, HCL Tech, and Axis Bank were among the losers.
How was the trend of investors
According to provisional data available on the National Stock Exchange (NSE), foreign institutional investors (FIIs) sold shares worth Rs 14,064.05 crore on September 21, 2024, while domestic institutional investors (DIIs) sold shares worth Rs 4,427.08 crore.
Movement in these stocks
Auto stocks also saw a rise in today’s trading. Madrasan, TVS Motor, and M&M were the top gainers. Madrasan saw the highest rise of 3.41 percent. Apart from this, Glenmark Pharma shares saw a rise of 7% in pharma. Apart from this, Hind Rectifiers has received an order of more than Rs 200 crore from Indian Railways, which has supported the trend in the company’s stock.
Asian market situation
Stocks in the Asia-Pacific region are trading in the positive zone on Monday morning. Asia Dow is trading with a gain of 0.33%, while Hong Kong’s Hang Seng is trading in the green with a gain of 0.68%. Similarly, South Korea’s KOSPI index is trading with a gain of 0.04%, and the benchmark Chinese index Shanghai Composite is trading in the green with a gain of 0.19%. WTI crude prices are trading up by 0.69% at $71.49 on Monday morning, while Brent crude prices are trading up by 0.63% at $74.96.
