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Share Market: The market started this week with a boom, Nifty opened above 17,300

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Share Market: The market started this week with a boom, Nifty opened above 17,300

Opening with gains in the stock market today.

Mumbai:

After seeing a tremendous decline last week, the Indian stock market today opened with great momentum on Monday, January 31, 2022. The budget session of Parliament is also starting from today, the effect of which can be seen on the market this whole week. Meanwhile, after getting positive signals from the global markets, both the benchmark indices are registering good growth today. NSE Nifty was above 17,300 in opening. However, the BSE Sensex is still trading below the 58,000 level. At 09:16 in the morning, the Sensex was at the level of 57,862.98, up by 662.75 points or 1.16%. At the same time, Nifty opened at the level of 17,301.50 with a gain of 199.50 points or 1.17%.

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In the opening, all the shares were in the green except NTPC and Larsen Toubro on the BSE.

If we talk about last week, then both the indices had fallen by 3 percent. Both global and domestic markets fell victim to a sharp decline amid signs of the US Federal Reserve Bank raising the interest rate earlier than expected. On Friday, in the last trading session of the week, there was heavy selling in the domestic stock market and the markets closed with losses.

In the previous closing, the Sensex had closed at 57,200.23, down 76.71 points or 0.13 per cent. At the same time, Nifty fell by 8.20 points, or 0.05 percent, to close at 17,101.95 points.

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