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Stock market open with fast, Yes bank climbed by 2%

Domestic stock exchanges debuted session with rapid growth.

The eyes of the market will be on Narendra Modi's swearing-in ceremony today. In this, the focus of the market will be on who will be the next finance minister of the country. The rupee has seen a slight increase of 10 paise. Rupee rises to 69.73 against dollar.

At 9.30 am, the BSE Sensex was trading 58 points or 0.15 percent higher at 39,560. At the same time, the Nifty 50 index was recorded at 11,871, with a gain of 10 points or 0.09 per cent.

On Wednesday, the pressure of selling was seen in the US stock market. Daw Ax jumped 0.87 percent, while the S & P 500 index declined by 0.69 percent. Nasdaq composites closed 0.79 percent with a dive.

The BSE Smallcaps and the Mid-cap Index gained nominal growth. Most of the BSE sector was doing business in green mark, but the growth remained marginally low. Energy, Tech, Power, IT and Telecom Index increased by half percent. The auto index rolled down the most.

Shares of Bharti Airtel on BSE Sensex rose by 1.86 per cent to Rs 345 NTPC shares increased by 1.64 per cent to Rs 133. Stocks of Coal India, Bajaj Auto Tata and Consultancy Services climbed 1.47 per cent, 1.13 per cent and 1.05 per cent respectively. Yes Bank registered an increase of about 2 percent.

On the other hand, Mahindra & Mahindra shares plummeted by 0.97 per cent to Rs 665.79. Maruti Suzuki's shares fell 0.77 per cent to Rs 6,834.35. HDFC, Larsen & Toubro and Vedanta's shares broken 0.72 percent, 0.63 percent and 0.51 percent, respectively.

On Wednesday, Foreign Portfolio Investors (FPI) have been selling heavily in the domestic stock exchanges. In the last session, he sold shares worth Rs 304.27 crore. Similarly, domestic institutional investors (DII) category investors also sold net of Rs 189.58 crore.

ONGC, Coal India, Apollo Hospitals, SAIL, Bharat Dynamics, HDIL, Infibeam, Amtek Auto and Anant Raj are among the 1,267 companies to announce the results of their March quarter on Thursday.


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