National

Sensex trades higher amid positive global cues

October 01, 2024

Mumbai, Oct 1

Indian equity indices opened in the green on Tuesday following positive cues from Asian peers and US markets.

At 9:39 a.m., Sensex was at 84,461, up 161 points or 0.19 per cent and Nifty was at 25,858, up 47 points or 0.18 per cent.

The market trend remained positive. On the National Stock Exchange (NSE), 1560 shares were in the green and 733 shares in the red.

In the Sensex pack, Tech Mahindra, L&T, SBI, M&M, Bajaj Finserv, Power Grid, Wipro, Kotak Mahindra, Bharti Airtel, ICICI Bank and Tata Motors were the top gainers. Asian Paints, JSW Steel, HUL, Tata Steel, Maruti Suzuki, ITC, Sun Pharma and IndusInd Bank were the top losers.

Hardik Matalia, Derivative analyst of Choice Broking, "After a flat opening, Nifty can find support at 25,750 followed by 25,650 and 25,500. On the higher side, 25,950 can be an immediate resistance, followed by 26,000 and 26,050."

Along with largecap, midcap and smallcap shares remain bullish. The Nifty Midcap 100 index was up 54 points or 0.07 per cent at 60,207 and the Nifty Smallcap 100 index was at 19,279, up 99 points or 0.52 per cent.

In the global markets, Tokyo, Shanghai, Hong Kong, Bangkok and Jakarta are trading in the green. Only the markets of Seoul and Taipei are in the red. The US markets closed with gains on Monday.

 

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