The Sensex has jumped more than 200 points on the first trading day of the week, on Monday, the Sensex rose 253 points to open at 57,823 level. Nifty has also crossed the level of 17200. Currently Nifty is trading at the level of 17235. Earlier, on Monday, the first trading day of the month of August, the domestic markets got good signals from the global markets.
The US markets showed a strong atmosphere for the third consecutive day. The Dow Jones closed at the day’s high by jumping up to 315 points. The Nasdaq also gained a good 1.9%.
On Monday, auto and pharma sector stocks are showing strong performance in the domestic stock market, while FMCG and realty sector stocks are showing weakness. On the other hand, the shares of Nazara Tech have seen a gain of 11% while the shares of Paytm have gained 5%.
European markets also saw a rise of one to one and a half percent. SGX Nifty is trading up about 50 points in Asian markets. Crude oil prices are trading at $104 per barrel. At the same time, the price of gold in the international market increased to US $ 1770 per ounce.
Talking about Foreign Institutional Investors (FIIs), they made a purchase of Rs 1046 crore in cash on Friday, the last trading day of last week. On the other hand, domestic investors (DIIs) sold Rs 1 crore in cash on Friday.