Stock Market Today: Stock market boom before budget, Sensex rises 500 points, Nifty crosses 23,400

Stock Market Opening Bell: Today, on Friday, January 31, the Indian Stock Market Today started with firmness. Investors’ eyes are on the upcoming Economic Survey and Union Budget 2025, which is getting to see positive sentiments in the market for the fourth consecutive day. Today, the process of boom in the stock market continues. Around 11:05 am, the sensex was at a level of 77,275.17 with a gain of 515.36 points (0.67%) while the Nifty was trading at 23,439.30 with a gain of 189.80 points (0.82%).

Let us know that the budget is going to be presented on February 1, due to which investors hope that the government will take some good decisions which will benefit the market.

Stock market strong start

Today, BSE Sensex opened up to 76,888.89 with a gain of 129.08 points, while Nifty 50 (NIFTY 50) started trading at a level of 23,296.75 with a strong 47.25 points. By 9:30 am in early trade, the BSE Sensex was trading at 76,912.09 with a gain of 200 points, or 0.25%. At the same time, the Nifty 50 also reached the level of 23,300 with 51 points i.e. 0.22%.

All shares of Adani Group boom

Along with this, all the shares of Adani Group (Adani Group Stocks) saw a boom in early trade today. In which the most faster came in Adani Ports. This stock has jumped more than 2 percent in early trade. Apart from this, many shares including Adaani Green Energy, Adani Energy Solutions, Adani Wilmer, Ambuja Cement, ACC were trading with an edge.

NIFTY Gainers and Louquars

Today, the price of shares of some companies increased in the stock market, then some saw a decline. NIFTY companies such as Tata Consumer, Titan Company, Bharat Electronics and Maruti Suzuki shared shares, while some companies such as Bharti Airtel, NTPC, Bajaj Finserv and Coal India declined.

The atmosphere of steady boom in the market

On the previous day i.e. on Thursday, the market was recorded for the third consecutive day. The Sensex was closed at 76,759.81 with a gain of 226.85 points, while the Nifty rose by 86.40 points to close at 23,249.50. Even today, due to positive start in the market, enthusiasm is being seen among investors.

Reason for strength in Indian market

There are also positive signs from the US markets, which saw the strength in the Indian market. Apart from this, frequent purchases of foreign institutional investors (FII) are also supporting the market. The market has crossed the level of 23,00 due to a boom trend in the market, while the Sensex has gone up above 77,000. However, investors are also keeping an eye on the ups and downs of the budget elements and global markets.

(Disclaimer: New Delhi Television is a Subsidiya of Amg Media Networks Limited, an adani group company.)