The Indian stock market opened on a b note on Friday. The Sensex climbed 146 points to 81,695, and the Nifty surpassed 25,057, rising by 51 points. In early trading, 1606 shares were in the gainers' list. IT and Auto sector stocks shined, while Cement, FMCG, and Banking stocks showed weakness.
Share Market Today: On Friday, September 12, the last trading day of the week, the domestic stock market made a b start. At 9:19 AM, the Sensex was up 146 points at 81,695, and the Nifty had crossed 25,057, gaining 51 points. In early trading, IT and Auto stocks like Infosys, TCS, HCL Tech, and Tata Motors showed strength, while UltraTech Cement, ITC, HUL, and HDFC Bank appeared under pressure. This market strength was driven by global cues, expectations of trade deal talks between Trump and Modi, and investor enthusiasm from recent GST cuts.
Sensex and Nifty Show Strength
At 9:19 AM, the BSE Sensex was trading at 81,695.22, up by 146.49 points. At the same time, the NSE's Nifty reached 25,057, showing a gain of 51.5 points. Shortly after the market opened, the Sensex climbed to 81,749.35, a gain of 200.62 points or 0.25 percent. The Nifty was seen trading at 25,067.15, up by 61.65 points or 0.25 percent.
Which Stocks Saw Gains
In early trading, several major Sensex companies were in the gainers' list. Stocks like Infosys, TCS, Axis Bank, HCL Tech, and Tata Motors registered gains. Investors' confidence in the IT and Auto sectors was clearly visible. Positive signals from the US market and better global demand for IT companies strengthened these stocks.
Which Stocks Showed Weakness
However, not all stocks saw an upward trend. In the early session, Eternal, UltraTech Cement, ITC, HUL, and HDFC Bank recorded declines. Some stocks in the Fast Moving Consumer Goods (FMCG) and Banking sectors showed pressure.
Nifty in the Green for the Seventh Consecutive Day
The Indian market closed with strength on Thursday, and this trend continued on Friday. The Nifty 50 index marked gains for the seventh consecutive day. This indicates investors' confidence and the prevailing positive sentiment in the market.
The Last Day of the Week is Important for Investors
Friday, September 12, may see mixed action in the market. Although the early session was bullish, the market may continue to experience fluctuations throughout the day based on domestic and global cues. Currently, the initial trends clearly show that investor confidence remains intact, and there is an atmosphere of enthusiasm in the market.