Stock Market Opening Today 31 Aug 2023

Stock Market Opening: Strong Start in the Share Market, Sensex opens above 65170, Nifty at 19375.

Stock Market Opening

Stock Market Opening: The domestic stock market started today with a good surge, and Sensex-Nifty are trading with strength. The share of Jio Financial Services is still on the rise today.

Stock Market Opening: Today, a surge is being observed in the stock market. Gains are being witnessed in both Sensex and Nifty’s trading The Sensex opened with a rise of 0.14% or 91.08 points at 65,178, while the Nifty opened with a rise of 0.15% or 28.10 points at 19,375.55.

Status of Sensex and Nifty Stocks:
Out of the 30 stocks in the Sensex, 20 are witnessing trading with gains and 10 are experiencing a decline. Similarly, out of the 50 Nifty stocks, 30 are showing strength while 20 are trading with losses.

Sector-wise Performance of Stocks:
Looking at the sector-wise performance of stocks, there is a positive trend in IT, Media, Metal, Consumer Durables, and Auto shares today. The media sector is leading with a gain of 0.55%, and metal shares are up by 0.13%. In terms of sectors that are declining, the realty sector is the weakest with a decline of 0.44%, and apart from that, financial services are trading with a strong gain of 0.25%. Additionally, pharmaceutical shares are trading with a rise of 0.20%.

Rise in Jio Financial Services Shares Again:
Jio Financial Services shares are witnessing a 5% surge once again, trading at ₹242.80 per share today. The share has consistently shown strength this week, trading 5-5% higher.

Sensex Stocks on the Rise:
Among the Sensex stocks showing a rise today, Jio Financial Services is up by 4.98%, Maruti has gained 1.29%, Tech Mahindra is up by 1.29%, and HCL Tech is up by nearly 1%. Power Grid is witnessing a rise of 0.71%. Axis Bank is trading with a gain of 0.54%. In addition, TCS, JSW Steel, Infosys, Titan, Tata Steel, Tata Motors, ICICI Bank, Nestle, Kotak Mahindra Bank, IndusInd Bank, NTCP, Bajaj Finserv, HUL, Reliance Industries, and ITC shares are also on the rise.

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