Stock market Starts with Gains, Sensex at 38,350 Level

The Indian stock market started with a surge on the second trading day of the week. In the opening trade, the Sensex was trading 100 points stronger and crossed the 38,300 level.
Stock market Starts with Gains, Sensex at 38,350 Level

Let us tell you that on Monday, the Sensex gained 87.39 points to 38,214.47 and the Nifty gained 24.75 points to close at 11,329.80. The Sensex touched a high of 38,513.69 and a low of 38,066.13 in day trading. At the same time, the Nifty touched an upper level of 11,420.45 and lower of 11,290.05 in day trading.

 In the opening minutes of trading on Tuesday, the rising stocks were Asian Paint, Hero MotoCorp, HCL, HUL, NTPC, PowerGridou, Yes Bank, ONGC. At the same time, the stocks that trade on the red mark are Tata Motors, Infosys, Vedanta, Airtel and Tata Steel.

Meanwhile, on Tuesday, the rupee started with weakness. The rupee fell 2 paise against the dollar to open at Rs 71.25. Please tell that on Monday, the rupee fell 21 paise to 71.23 per dollar. This is its three-week low.

The second day of listing in the market started with the decline of the share of Indian Railway Catering and Tourism Corporation (IRCTC). IRCTC shares fell by 15 points in the opening minutes of trading. Earlier on Monday, the company was listed on the stock market.

On this day the company closed at Rs 728.60 after climbing up to Rs 743.80 from its IPO base price of Rs 320 per share. That is, at the end of the business on the first day, the stock of IRCTC has gained 128 percent. Explain that the share of a government owned company has been listed for the first time in this financial year. This is the best performance since Salasar Engineering's IPO in July 2017.

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