Market opens with green mark on first day of week, Sensex rises 350 points

New Delhi: The stock market is open with a green mark on Monday, amid the news of the start of the May 12 railway service. As soon as the market opens in the morning, the business has started showing strength. The 30-share Sensex Sensex based on the Bombay Stock Exchange (BSE) is trading at 31,993 with a gain of 350 points. At the same time, there is a boom in other markets.

Nifty Fifty, a sensitive index based on 50 shares of the National Stock Exchange (NSE), is also trading at 9,784 with a gain of 102 points. It is noteworthy that the corona epidemic has created a rage all over the world and the situation is getting worse in India. More than 62,900 cases of coronavirus epidemic have been registered in the country and more than 2,100 people have died. In such a situation, due to the apprehension of the impact of this epidemic on the economic activities of the country, the business trend may become weak.

However, investors will also keep an eye on the economic data released this week. The country's industrial production data for the month of March will be released on Tuesday during the week and retail inflation data will also be released on the same day. After this, the wholesale price based inflation data will be released on Thursday.

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