Energy, IT stocks lift Sensex over 250 points higher, Nifty tops 24,200
energy stocks.
The BSE Sensex rose 251 points, or 0.32%, to 76,748, while the Nifty50 gained 50 points, or 0.22%, to trade at 23,226 around 9:23 am.
From the Sensex stocks, Maruti Suzuki, Zomato, NTPC, IndusInd Bank, Kotak Bank, and HCL Tech opened with gains, rising 1-2.5%. On the flip side, M&M, Nestle India, Bajaj Finance, Axis Bank, and Bajaj Finserv opened with cuts.
Among individual stocks, HDFC AMC surged nearly 4% after the company reported a 31% YoY jump in its consolidated net profit at Rs 641 crore for the December quarter.
IRFC shares also rallied nearly 4% after the firm emerged as the lowest bidder (L1) to finance Rs 3,167 crore for the development of the Banhardih coal block in Latehar District, Jharkhand.
Stock Trading
Masterclass on Value Investing and Company Valuation
Stock Trading
Market 104: Options Trading: Kickstart Your F&O Adventure
By — Saketh R, Founder- QuickAlpha, Full Time Options Trader
Stock Trading
Technical Analysis for Everyone — Technical Analysis Course
By — Abhijit Paul, Technical Research Head, Fund Manager- ICICI Securities
Stock Trading
Stock Markets Made Easy
By — elearnmarkets, Financial Education by StockEdge
Stock Trading
Renko Chart Patterns Made Easy
By — Kaushik Akiwatkar, Derivative Trader and Investor
Stock Trading
Market 101: An Insight into Trendlines and Momentum
By — Rohit Srivastava, Founder- Indiacharts.com
Stock Trading
Markets 102: Mastering Sentiment Indicators for Swing and Positional Trading
By — Rohit Srivastava, Founder- Indiacharts.com
Stock Trading
Dow Theory
