Lagatar24 Desk
Mumbai, Dec.27: In a highly volatile trading on Monday, Indian equities indexes went positive, led by increases in IT and healthcare firms. The 30-share BSE Sensex ended the day 296 points higher, or 0.52 percent, at 57,420, while the broader NSE Nifty ended the day 83 points higher, or 0.49 percent, at 17,086. The BSE index rose more than 850 points from its low of 56,543.08 earlier in the day.
The Nifty Midcap 100 index increased by 0.44 percent, while the Nifty Smallcap 100 index increased by 0.20 percent.
The National Stock Exchange’s 15 sector indices all ended the day in the green. The Nifty Pharma, Nifty IT, and Nifty Healthcare indexes all increased by up to 1.62 percent.
On a stock-by-stock basis, Tech Mahindra was the highest gainer on the Nifty, rising 3.44 percent to 1,783.05. Cipla, Dr. Reddy’s Laboratories, UPL, and Kaotak Mahindra Bank also saw gains.
Hindalco, Britannia, ONGC, IndusInd Bank, and Maruti Suzuki, on the other hand, plummeted as high as 1.42 percent.
RBL Bank’s stock dropped as much as 20% after the lender’s board approved Vishwavir Ahuja, managing director and chief executive officerrequest ,’s to go on medical leave with immediate effect.
Power Grid, ICICI Bank, Sun Pharma, Mahindra & Mahindra, HDFC twins (HDFC and HDFC Bank), and Bajaj Finserv all saw their shares rise as high as 3.40 percent on the BSE index.
On the BSE, the overall market breadth was positive, with 2,154 shares rising and 1,319 falling.
In addition, Adhesives Ltd’s stock climbed 16.42 percent in its first day on the market, compared to the initial public offering price of Rs.274.
Meanwhile, as Omicron cases spread across the country, the government announced that it will begin giving Covid-19 booster shots to healthcare and frontline workers on January 10 as a preventative measure.
