Mumbai, April 18 -- The stock market kicked off the trading day on Thursday with a notable upward trajectory as both the Sensex and Nifty indices opened with gains after the Ram Navami holiday.

The Sensex surged by 291.27 points, commencing at 73,234.95, while the Nifty climbed by 102.75 points, opening at 22,250.65.

Among the Nifty companies, 40 showcased advances while 10 witnessed declines. Noteworthy gainers included BPCL, Power Grid, HDFC Life, Hero MotoCorp, and Adani, while HCL Tech, NTPC, Nestle India, Apollo Hospital, and Axis Bank were among the top losers.

Technical analysis indicates a weakened trend as the index breached the 21-day Exponential Moving Average (EMA). However, a rebound is anticipated from support levels near...