Today, on March 28th, there is a notable surge in the domestic stock market. According to reports, the Sensex has witnessed a significant increase of 153 points, starting at 73,149 levels, while the Nifty has also seen a rise of 40 points, commencing its trading at 22,163 levels.
Sensex Performance
During the early trading session, the Sensex surged by 153 points, reaching a level of 73,149. Out of the 30 shares in the Sensex, 22 are showing an upward trend, while only 8 are experiencing a decline.
Top Gainers
In today’s share market, the top gainers include IT companies such as ITSC, Wipro, HCL Tech, TCS, LTI Mindtree, SBI Life, and HDFC Life. Conversely, Power Grid, NTPC, Bharti Airtel, HUL, Coal India, UltraTech Cement, and ONGC are trading in the red.
Market Expectations
Experts anticipate a block deal at Rs. 404.40 per share in ITSC stock. There is a possibility of short-term pressure on ITSC shares today. Additionally, the announcement of a 3.5% stake sale by British American Tobacco Company in the company is also a contributing factor.
Recap of Yesterday’s Market
It’s worth mentioning that yesterday, on March 27th, the Indian stock market also showed a bullish trend. The Sensex surged by 526 points, closing at 72,996 levels, while the Nifty also rose by 118 points, closing at 22,123 levels.
In summary, the domestic stock market is experiencing positive momentum today, with significant gains in both the Sensex and the Nifty, following a bullish trend observed in the previous trading session.