The National Stock Exchange (NSE) Nifty50 index which closed higher in previous trade at 10,549.15 is now opened on a flat note at the level of 10,591.00. However just after the opening the index managed to surged and trading near the level of 10,624.00, 74.85 points up. (09:26 AM)
Many shares opened trading higher including the Yes bank whose shares traded around 3 percent higher ahead of its Board Meeting. It is positive start for the market due to the double news of Shaktikanta Das being appointed RBI Governor as well as results to state elections in five states.
The top gainers among Nifty50 are India Bull, Yes bank, Hero Motorcorp, Bharti Airtel, and Hindalco however the top losers are Dr. Reddy’s, Asian Paints, Coal India, Hindustan Petroleum, and ICICI bank etc.