Stock Market Update: Today the stock market opened with a boom,Sensex climbed 26 points to open at 59,858

Today i.e. on Thursday (April 10), there is a boom in the stock market. The Sensex climbed 26 points to open at 59,858. At the same time Nifty has also climbed 34 points. It opened at 17,634. During the opening trade, out of 30 Sensex stocks, 22 stocks have gained and 8 have declined.

All 10 stocks of Adani Group rose

Today, all the 10 stocks of Adani Group have seen a boom. The stock of Adani Enterprises is seeing an increase of 1.54% at 9.30 am. On the other hand, the shares of Adani Transmission and Green Energy are seeing a gain of 5-5% each.

Good signals from the global market

The signs of global markets are looking good on the first trading day of the week. Most Asian markets are trading up. Compared to Thursday, SGX Nifty has seen a gain of 50 points. America's Dow Jones on Thursday.

IIP data for the month of February will be released on April 12

The IIP data for the month of February will be released on April 12. India's industrial production is set to grow by 5.2% year-on-year in January 2023, up from 4.3% in December 2022. The CPI inflation data for March 2023 will also be announced on April 12 itself. The CPI had increased by 0.17% in February compared to January in the previous month.

The global market will be eyeing these economic data of US

On the global front, investors will be eyeing some economic data from the US, the world's largest economy. Core Inflation Rate and FOMC Meeting Minutes will come on April 12th. Data on producer price inflation and initial jobless claims will be released on April 13. On April 14, data on retail sales, industrial production, import-export data, Michigan consumer sentiment and Baker Hughes total rig count will come.

There was a great boom in the market last week

Last week, there was trading in the stock market only for three days. During this, both Sensex and Nifty saw gains. The stock markets were closed on Tuesday (April 4) on account of 'Mahavir Jayanti' and on Friday (April 7) 'Good Friday'.

The 30-share BSE Sensex was up 841.45 points or 1.42% during the week. On the other hand, on Thursday (April 6), the Sensex climbed 143 points to close at 59,832. At the same time, the Nifty climbed 42 points to reach the level of 17,600.