The Indian benchmark indexes have started the day with a good and very positive note. The session has opened with a higher level on February 5.
The Sensex jumped up by 265.86 points at 50880.15 levels. It opened higher by 0.53 percent and the Nifty also added 69.40 points moving up at 14965.10 levels.
So far, within the morning session around 979 shares have progressed and 243 shares have fell down. Further, there are 43 shares which have remained unchanged.
However, within few times, Nifty crossed the 15,000 benchmark in the early session today.
Also, it has very good support of positive global cues in the international market.
This is just like the Union Budget event, when the market welcomed the new budget with a positive pre-opening session.
The Indian benchmark indexes were trading at a firm rate in the pre-opening session of February 5. Doing a quick recap, the gold prices fell down by more than 2 percent on Thursday. It closed below the key level of $1,800.
Moreover, it was due to the strengthening in the US dollar because of the treasury yields.
Silver prices have also fell down by more than 13 percent on Thursday.
Further, with today’s opening session Indian indexes have recovered all the losses bouncing back at a higher note.
More on the market update, total 127 companies will release their quarterly results today.
However, a very important point to know that the Reserve Bank of India will be announcing its monetary policy today.
Check all the recent news updates and share market updates