Both the Sensex and Nifty showed gains in early trading as the stock market opened on Monday. Ahead of Jio Financial Services’ IPO on stock exchanges, investors were upbeat as they greeted the new week thanks to favorable economic data and global cues.
At the opening bell, the Sensex, representing the top 30 companies listed on the Bombay Stock Exchange (BSE), showed a significant uptick, rising by 139.79 points to reach 65,088.41.
Simultaneously, the Nifty, tracking the National Stock Exchange (NSE), also made gains, surging by 40.00 points at 19,350.15.
With 39 stocks increasing, 10 declining, and 2 remaining unchanged during the first few minutes of trading, the market seemed to be in a good mood. Companies like Adani Enterprises, Adani Ports, NTPC, Power Grid, and JSW Steel were among the top gainers. These stocks experienced active buying interest and made a significant contribution to the morning rally.