At 9:50 am, Sensex was up 110 points or 0.14 per cent at 72,887, Nifty was up 30 points or 0.14 per cent at 22,134.
Broader markets outperformed benchmark indices. On NSE, 1,590 shares were in green and 539 shares were in red.
The Nifty Midcap 100 index was up 108 points or 0.22 per cent at 49,843 points and the Nifty Smallcap 100 index was up 140 points or 0.87 per cent at 16,17 points.
Out of 30 Sensex shares, 19 shares opened in the green and 11 shares opened in the red.
Power Grid, JSW Steel, NTPC, HCL Tech and SBI were the top five gainers. Asia Paints, Axis Bank, Nestle, ITC and ICICI Bank were the top five losers.
According to market experts, "The trend of sustained selling by FIIs and sustained buying by DIIs continues in May. Hence, in May, FIIs sold equities worth Rs 29,474 crore in the cash market, and DIIs bought equities worth Rs 22,973 crore. This The trend is likely to continue and the spike in India VIX will ensure higher volatility."
“Under these circumstances, the best option for investors is to wait and see for a change in trend, which could happen any time. Clarity on election trends is likely to come before June 4, the counting day, and the market will The reaction could be strong." Buying on dips now would be a good strategy."
Broader markets outperformed benchmark indices. On NSE, 1,590 shares were in green and 539 shares were in red.
The Nifty Midcap 100 index was up 108 points or 0.22 per cent at 49,843 points and the Nifty Smallcap 100 index was up 140 points or 0.87 per cent at 16,17 points.
Out of 30 Sensex shares, 19 shares opened in the green and 11 shares opened in the red.
Power Grid, JSW Steel, NTPC, HCL Tech and SBI were the top five gainers. Asia Paints, Axis Bank, Nestle, ITC and ICICI Bank were the top five losers.
According to market experts, "The trend of sustained selling by FIIs and sustained buying by DIIs continues in May. Hence, in May, FIIs sold equities worth Rs 29,474 crore in the cash market, and DIIs bought equities worth Rs 22,973 crore. This The trend is likely to continue and the spike in India VIX will ensure higher volatility."
“Under these circumstances, the best option for investors is to wait and see for a change in trend, which could happen any time. Clarity on election trends is likely to come before June 4, the counting day, and the market will The reaction could be strong." Buying on dips now would be a good strategy."
