New Delhi. The Indian stock market opened at a new record high in Monday’s trading session. In early trade, the Sensex and Nifty made new all-time highs of 84,843 and 25,903 respectively. At 9:23 am, the Sensex was up 243 points or 0.29 percent at 84,787 and the Nifty was up 101 points or 0.39 percent at 25,901. The market trend was also positive in the early session. On the National Stock Exchange (NSE), 1654 stocks were in the green mark and 580 stocks were in the red mark. Along with largecaps, buying was also seen in midcap and smallcap stocks. The Nifty Midcap 100 index was up 244 points or 0.41 percent at 60,453 and the Nifty Smallcap 100 index was up 135 points or 0.70 percent at 19,467. Auto, PSU Bank, Fin Service, Pharma, FMCG, Metal, Realty, Energy, Infra, PSE and Oil & Gas were the top gainers on NSE. Only the Private Bank Index was trading in the red.
According to discount broker Stockkart, after a strong opening, 25,400 and 25,200 are important supports for Nifty. 25,800 is a resistance level. The trend remains bullish. Nifty can also touch 26,000 and 26,400 in the coming days. M&M, Bharti Airtel, SBI, NTPC, Kotak Mahindra Bank, Tata Steel, Nestle, Tata Motors, Bajaj Finserv, UltraTech Cement, HDFC Bank and Sun Pharma were the top gainers in the Sensex pack. ICICI Bank, HCL Tech, JSW Steel, Infosys, Power Grid and Asian Paints were the top losers. Asian markets are trading mixed. Shanghai, Hong Kong and Seoul are up, while Jakarta and Bangkok are down. US markets closed mixed on Friday.