Market Opens On A Positive Note

After experiencing a volatile session on Tuesday (April 22), the 30-share BSE SensexBSE Sensex opened positively today (April 23) following the mixed closing of worldwide markets and companies’ results.

The IT & Banking space, which witnessed heavy selling pressure yesterday, once again led the declines.

Asian markets opened on a positive note today (April 23), led by commodities companies, after oil and metals prices rose.

AT present (10.14 am), the Sensex is trading at 16,837.03, up 53.16 points; whereas NSE Nifty is trading at 5,056.50, up 7.20 points.

The overall market breadth is optimistic.

Among the sectoral indices, BSE Realty arose 2.15%, BSE Power gained 0.92%, BSE Auto climbed 0.88%, BSE IT zoomed 0.57%, whilst BSE Metal lost 0.63% and BSE Bankex rejected 0.49%.

The major gainers’ were Infosys, L&T, ACC DLF, Ranbaxy, REL and Tata Motors.

The losers’ list included Satyam, Tata Steel, HDFC Bank, HDFC, ICICI Bank, Hindalco and HUL.