Sensex gains 300 points, Nifty up 0.37% as all sectors open in green

Stock Market Today:  domestic stock market indices opened in green ahe of inflation data along with positive global cues. BSE’s 30-share Sensex surged as much as 315 points or 0.39 per cent in first few minutes of tre on Monday while NSE ’s Nifty 50 was tring nearly 100 points up with all sectoral indices tring in green. 

As of 09:31, Sensex was hovering at 81,644.87 with an upside of 263.51 points or 0.32 per cent while Nifty 50 was tring over crucial 25,000 mark. market was led by positive momentum in metal and IT stocks. 

stock of Wipro , a leing IT company, surged 2.74 per cent in early tre after board of company announced deliberation on bonus shares. On October 13, company shared in an exchange filing that board will mull issuing bonus shares to its shareholders in next board meeting scheduled for October 17. 

markets are also eyeing key indicators on Monday with Mukesh Ambani ’s Reliance Industries and IT major HCL set to report ir earnings for second quarter of current fiscal (Q2FY25). According to market analysts, Reliance is likely to report a decline in operating profit for last quarter due to contracting margins in oil business while HCL may offset its declining profit in product segments with improved revenues from its services business. 

inflation for month of September is also set to be announced on Monday, likely to remain over Reserve Bank of India’s mid-term target of 4 per cent, according to a Reuters poll.