Lagatar24 Desk
Mumbai, Dec.21: Wipro, Tata Motors, and Bajaj Finserv led the Indian equities benchmarks higher on Tuesday. Despite a punishing Wall Street session, Asian stocks rose as Chinese markets praised Beijing’s push to aid ailing property firms, despite rising cases of the Omicron coronavirus type remaining a source of concern for investors.
The 30-share Sensex was up 710 points, or 1.27 percent, at 56,532 at 9:21 a.m., while the wider NSE Nifty was up 191 points, or 1.15 percent, at 16,805.
The Nifty Midcap 100 index was up 0.81 percent, while the Nifty Smallcap 100 index was up 1.15 percent, indicating that mid- and small-cap stocks were trading in the green.
On a stock-by-stock basis, Wipro was the highest Nifty gainer, rising 1.95 percent to Rs. 678.95. Among the gainers were Tata Motors, Bajaj Finserv, Tata Steel, and Bajaj Finance.
On the flipside, Cipla, Eicher Motors and Bajaj Auto were among the losers.
On the BSE, the overall market breadth was positive, with 1,717 shares advancing and 502 decreasing.
Titan, Tata Steel, IndusInd Bank, ICICI Bank, L7T, and SBI saw the greatest increases on the BSE platform, with their shares increasing as much as 2.16 percent in opening trades.
The 30-share BSE index fell 1,189.73 points, or 2.90 percent, to settle at 55,822.01 on Monday, as investors were alarmed by the growing number of Omicron instances throughout the world. The Nifty dropped 371 points, or 2.18 percent, to 16,614.20.
