Mumbai. The Indian Stock Market opened on the green mark on Monday. Buying is being seen in auto, IT and PSU bank sectors in the initial trade. BSE Sensex is trading at 81,653.83 after gaining 429.08 points or 0.53 percent. At the same time, NSE’s Nifty is starting trading at 24,955.50 after rising 101.45 points or 0.41 percent. The market trend remains positive. On the National Stock Exchange (NSE), 1509 shares are trading in the green, while 602 shares are trading in the red. At the same time, on Bombay Stock Exchange (BSE), 1727 shares are trading in green and 807 shares are trading in red. Nifty Bank is at 52,335.50 after rising 241.30 points or 0.46 percent. The Nifty Midcap 100 index is trading at 58,954.85 level after slipping 305.70 points or 0.52 per cent. At the same time, Nifty Smallcap 100 index is at 19,122.45 after rising 44.65 points or 0.23 percent. Tech Mahindra, HDFC Bank, Axis Bank and Wipro were the top gainers in the Sensex pack.
Whereas, Kotak Mahindra, Bharti Airtel, M&M and NTPC were the top losers. HDFC Bank, Tech Mahindra, SBI Life Insurance, Axis Bank were the top gainers in Nifty pack. Whereas Tata Consumer Products Limited, Kotak Mahindra, BPCL, Bharti Airtel were the top losers. Talking about Asian markets, the markets of Jakarta, Shanghai and Tokyo were trading in the green. At the same time, the markets of Bangkok and Hong Kong were trading on the red mark. At the same time, the American stock markets closed on the green mark on the previous trading day. According to market experts, “The global stock market remains bullish with American markets reaching new record highs. The continuous decline in crude oil and stability in US bond yields are providing strength to the stock market despite tensions in the Middle East. Foreign institutional investors (FIIs) sold equities worth Rs 5,485 crore on October 18, while domestic institutional investors bought equities worth Rs 5,214 crore on the same day.