Stock market today: BSE Sensex opens over 100 points up, NSE Nifty50 trades above 23,000

AI Summary

The Indian stock market opened positively with BSE Sensex rising over 100 points and NSE Nifty50 trading above 23,000, following a recent downward trend. However, rising crude oil prices and foreign investor sell-offs are limiting further gains.

Dalal Street began trading on a positive note after experiencing a significant decline earlier this week. BSE Sensex opened over 100 points higher, while NSE Nifty traded above 23,000. However, rising crude oil prices are impacting overall market sentiment and limiting gains. Foreign investors have also contributed to the decline by selling Indian shares worth over 50 billion rupees.