Sensex crosses 62 thousand as soon as the stock market opens, gains on global support

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Trading started on a strong note in the domestic market on Friday amidst support from global markets. Both the major domestic indices BSE Sensex and NSE Nifty are in an uptrend for the second consecutive day. On the last day of the week, Sensex and Nifty have a fast trend in the early trade.

This is how the market started

When the market opened at 09:15 am, the BSE’s 30-share index Sensex was at the forefront. It was trading close to 62,000, up nearly 120 points in early trade. Nifty was trading above 18,350 after gaining nearly 30 points. The domestic market is expected to remain strong on the last day of the week.

Pre-open was bullish

Domestic stock markets were showing signs of opening in the green zone even before the start of today’s trading. In Singapore, NSE Nifty SGX Nifty (SGX Nifty) futures were trading up 0.55 per cent in the morning. This indicates that there may be a strong opening in the domestic market today. Both Sensex and Nifty gained momentum in the pro-open session. Before the start of the session, the Sensex was up nearly 115 points while the Nifty was up nearly 50 points.