Stock markets open Today June 15: Sensex jumps 200 points, Nifty above 15850

The Indian markets on Tuesday opened higher, as both the benchmark indices are trading at record highs in the early trade on the back of strong global cues and declining cases of Covid-19. 

BSE Sensex jumped 200 points or 0.38 per cent to touch a new high of 52751.80 level, and Nifty50 rose by over 55 points or 0.35 per cent to trade at a record high of 15867 mark at the open today. 

Other important indices such as Nifty Bank grew by 87.5 points or 0.25 per cent at 35038.10, while the broader market’s Mid-cap Index opened 62.5 points or 0.23 per cent higher at 27261 at open. 

Of 50 scrips on Nifty50, 43 advanced and 7 declined in early trade. IndusInd Bank became the most trading stock in the early trade on Tuesday, surging by around two per cent, followed by Asian Paints up over one and a half per cent and Tata Consumer up over one per cent. 

Other top index gainers of five, UPL and Tech Mahindra each soared by around one per cent during early trade today. 

However, Coal India, whose results are scheduled today, declined most minutes after market open, by half a per cent, followed by Dr Reddy’s and SBI Life each declined marginally by 0.3 per cent.  

Sectoral-wise, All the sectors are trading in the green, except for Nifty Pharma down marginally by 0.13 per cent minutes after market open. While Nifty Media surged most by 1.24 per cent in the early trade, led by Network18 and Nifty Realty grew second-most by one per cent, led by Indiabulls Real Estate. 

The global markets especially the US markets closed mixed on Monday with Dow Jones declined by 260 points and Nasdaq ended green for the third day. Asian markets were trading in the green  

Another important trigger for domestic markets, foreign investment, FIIs on Monday sold shares worth Rs 503.51 crore in cash and bought Rs 544.26 cr in index futures.

(Authored by Vaibhav Bansode)