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BW Businessworld

Sensex Jumps 268 Pts, Nifty Opens Above 15,650

Shares of Reliance Industries and Titan Company were the top gainers for Sensex on Thursday

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The Dalal-Street regained its positive momentum on Thursday, June 3 as index majors fueled the benchmarks to surge higher at market opening. The BSE Sensex opened higher by 268.36 points at 52,117.84, while the Nifty-50 index jumped 82.20 points at 15,658.40.

Sentiments continue to buoyant as fresh covid cases continue to decline while vaccination pace picks up and supplies getting increased. States have started with phased wise unlocking of the economy which will help revive commercial activities, said experts. 

The 30-share Sensex marked gains in 25 scrips, while 5 stocks were trading red at the market opening on Thursday. Shares of Titan and Reliance contributed the most as they gained over three and one per cent at the time of filing. 

Tracking the broader markets, both BSE Midcap and Smallcap indices were trading higher by nearly a per cent each. Among the Midcaps, shares of Future Retail and Muthoot Finance surged 4-6 per cent in the morning trade, while PNB Housing Finance surged 10 per cent yet another day in the Smallcap space.

On the flipside, the Auto and IT sector witnessed some profit booking in the morning trade. Motherson Sumi and Bajaj Auto were among the top losers of the index in the early trade on Thursday as they shed over five and one per cent respectively. 

The overall sentiment remains positive as 1528 shares advanced, 278 shares declined, and 51 shares were unchanged at market opening.

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