Mumbai : The standard indicators opened on a high on Tuesday, with Sensex crossing the 80,000 mark again led by bus and pharma stocks, gaining over 200 points in morning trade. The NSE Nifty rose by 47 points and was trading at 24,368. According to judges, the request attention is now turning towards the Q1 FY25 results.
The bus indicator was the stylish pantomime, rising over one per cent, while IT stocks slipped ahead of earnings this week. . Hold your positions with a running stop- loss. Any dip will be a buying occasion as the overall trend remains bullish, ” said Mandar Bhojane from Choice Broking. The requests are likely to further consolidate this week after a phenomenal rally and recovery after choices.
Foreign institutional investors( FIIs) bought equities worth Rs.60.98 crore on July 8, while domestic institutional investors turned net buyers as they bought equities worth Rs 2,866 crore. On Monday, the standard indicators ended flat as the stock requests turned to a connection phase due to the absence of major triggers to support the current decoration valuation in the near term, egging investors to bespeak some gains.