Opening Bell: Markets trade in green as crude oil prices plunge and global cues improve!

On Thursday morning the markets were up by one per cent as the investors are waiting for the assembly elections to happen.

On Thursday morning the markets were up by one per cent as the investors are waiting for the assembly elections to happen. Also, the crude oil prices fell sharply by 12 per cent the highest fall in years as Russia- Ukraine talk about de-escalation. The crude oil is trading at USD 114 per barrel today. 

Gold prices also plunged as the markets seem to ease on the higher side , and were trading at  Rs 52,518, down by 0.43%.

The Nasdaq was up by 3.59 per cent whereas the Asian markets were up by almost 2 per cent. The Sensex is at 55,988.17, up by 1,340.84 points or 2.48 per cent, whereas the Nifty 50 is at 16,734.85, up by 383.50 points or 2,35  per cent,

BSE Midcap was trading at 23,346.62 up by 1.68 per cent and BSE Smallcap was at 27,134.77, up by 2.07 per cent. Similarly, Nifty Midcap 100 was at 28,268.50, up by 1.74 per cent and Nifty Smallcap 100 was at 10,152.15, up by 2.26 per cent.  

The top gainers on the frontline indices this morning were Tata Motors, Axis Bank, IndusInd Bank, SBI, Maruti Suzuki, and ICICI Bank. Likewise, the top losers were Coal India, Hindalco Industries, GAIL, ONGC, and NALCO.  

On the BSE, 2,622 shares have advanced, 328 shares have declined and 76 shares are unchanged. Also, 366 stocks have hit their upper circuit and 71 stocks have hit their lower circuit.  

The top trending stocks on BSE this morning are Asian Paints, Bajaj Finance, Coal India, GNFC, SBI, Tata Motors, Wockhardt Pharmaceuticals. 

All the sectoral indices were trading in the green territory, with the Private and PSU Bank, Media, Auto, and Financial Services leading the indices.