Indian markets were likely to see a gap up opening supported by strong international cues. Further, falling Coronavirus rates and the complete vaccination drive will soon result in major economic boost.
Highlighting more, the global news flows and the sector specific progress will be the key elements.
Coming towards the global market, the US markets closed higher on the back of economic recovery and further stimulus.
Now let’s see the Indian stock market. In the market pre-opening session, both the benchmark indices were trading at a higher rate.
The Nifty was hovering around 15,150 levels.
Sensex was high at 46.15 points at 51394.92 levels. It was higher by 0.09 percent and Nifty on the other hand was up at 31.70 points. Nifty was higher by 0.21 percent at 15147.50 levels.
Also, there are almost 218 companies which will announce their quarterly earnings today.
The names include Tata Steel, Adani Ports and Special Economic Zone, Aries Agro, BASF India and many others.
As the market opened, INFY, ONGC, HCL Tech, TECHM, ICICI Bank, Titan, Reliance, Ultratech and others have started the session with huge gains.
According to the latest updates, Tata Steel and BPCL are in major highlights today.
Moreover, Nifty futures were also trading higher near 15,174 levels on the Singaporean Exchange near 7:25 IST.
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