30 Aug , 2022 By : Monika Singh
Article Body: Share Market News Today | Sensex, Nifty, Share Prices LIVE: Indian benchmark indices opened on a positive note with Nifty above 17400. The Sensex rose 411.68 points or 0.71% to 58384.30, and the Nifty was up 134.90 points or 0.78% at 17447.80. Bajaj Finserv, ONGC, Eicher Motors, Hindalco Industries and Tata Steel were among major gainers on the Nifty, while losers were Bharti Airtel, Reliance Industries and Asian Paints. Broader markets, meanwhile, outperformed benchmark indices as Nifty Midcap 100 and Nifty Smallcap 100 surged up to 0.9%. All sectors opened in green zone with Nifty Media, Nifty Metal, and Nifty Energy indices rising over 1?ch.
Adani Transmission surpassed the valuation of housing finance company – Housing Development Finance Corporation (HDFC), which has a market cap of Rs 4.31 lakh crore. The company also surpassed insurance giant, Life Insurance Corporation of India (LIC) (Rs 4.27 lakh crore), non-banking finance company Bajaj Finance (Rs 4.33 lakh crore) and telecom services provider Bharti Airtel (Rs 4.12 lakh crore), data shows.
“A close tab should be held on the global and domestic macro developments. The overall sentiments are likely to remain upbeat in the near term, wherein any minor dip could be utilized as an opportunity for the bulls to add long positions. We might also witness significant traction outside the indices in the broader market. Hence, it’s advisable to keep focusing on such potential movers, which are likely to provide better trading opportunities.”
Benchmark indices were trading near the day's high with Nifty above 17400. The Sensex was up 497.22 points or 0.86% at 58469.84, and the Nifty was up 160.40 points or 0.93% at 17473.30.
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