Opening movers: Markets lead gains on the fourth consecutive fourth day

Consumer Durables, Realty and Power stocks advance on the bourses!

On Wednesday morning, the benchmark equity indices opened on higher on the bourses as the global indices trade flat in anticipation Federal Reserve’s comments on Friday.

The Asia Pacific market is trading higher on the back of Japan and China are encouraging lowering the rates to empower the economy and stabilize their weakened economy. The Japanese Nikkei Composite index was up by 0.61% and China’s Shanghai Composite is trading higher by 0.41%.

The US Equity indices, ended lower on Wednesday with The Dow Jones and S&P 500 settled higher by 0.18% and 0.29%, respectively, whereas the tech-heavy Nasdaq index ended flat on the bourses.higher by 0.41%.

The Sensex is at 59,428.50, up by 343.07 points or 0.58% whereas the Nifty 50 is trading at 17,704.40, up by 99.8 points or 0.57%, since the last trading session. Meanwhile, the Nifty Bank is up and trading higher by 0.75% at 39,332.60.

The top gainers on the frontline indices this morning were Hindustan Unilever, SBI, Bajaj Finserv, IndusInd Bank, and Maruti Suzuki India. Whereas, the top losers were HCL Technologies and Cipla.

BSE Midcap was trading at 25,214.12, up by 0.98%. The top gainers of BSE Midcap BHEL, L&T Finance, IDBI Bank, Union Bank, and Bank of India. Whereas, the shares of Emami, Nippon India Life AMC, Abbot India, Honeywell Automation, and Indraprastha Gas were pulling down the index.

BSE Smallcap was at 28,519.88, up by 0.90%. The top gainers of this index were Apex Frozen Foods, Anant Raj, Indostar Capita, Ramky Infrastructure, and Sree Rayalaseema Hi-tech Hypo whereas the shares of Techno Electric and Engineering, Brightcom Group, Oricon Enterprises, Forbes & Company, and Coromandel International.

On the BSE, 2,234 shares have advanced, 819 shares have declined and 129 are unchanged. Also, 201 stocks have hit their upper circuit and 93 stocks have hit their lower circuit.

The top trending stocks on BSE, this morning is RBL Bank, Siemens, BHEL, IDBI Bank, Adani Green Energy, Eicher Motors, and Federal Bank.

On the sectoral front, BSE Healthcare and BSE IT was trading in the red territory, whereas BSE Consumer Durables, BSE Utilities,BSE Realty BSE Metal and BSE Power are trading higher by 1% each.