Lagatar24 Desk
Mumbai, Jan 10: The Indian equity indices began trading in the green on Monday, with advances across the board. As investors counted down to another U.S. inflation reading, Asian stock markets remained quiet as traders speculated on whether the Federal Reserve will raise interest rates sooner rather than later.
Back at home, the 30-share BSE Sensex was up 466 points, or 0.78 percent, at 60,211 at 9:20 a.m., while the broader NSE Nifty was up 125 points, or 0.70 percent, at 17,938.
Mid- and small-cap stocks were trading higher today, with the Nifty Midcap 100 index up 0.61 percent and small-cap stocks up 0.88 percent.
On a stock-by-stock basis, ICICI Bank was the biggest Nifty gainer, with the stock rising 1.80% to 807.50. Among the gainers were TCS, UPL, Maruti, and Kotak Mahindra Bank.
Wipro, Hindalco, Divi’s Lab, Britannia, and Cipla, on the other hand, were among the losers.
On the BSE, the overall market breadth was positive, with 2,317 shares advancing and 554 decreasing.
ICICI Bank, ITC, Maruti, Kotak Mahindra Bank, HDFC Bank, SBI, and TCS saw the greatest increases on the 30-share BSE platform, with their shares gaining as much as 1.54% in early trade.
Among the losers were Nestle India, Tech Mahindra, Hindustan Unilever, HCL Tech, and Asian Paints.
On Friday, the benchmark BSE Sensex rose 143 points, or 0.24 percent, to 59,745 points, while the broader NSE Nifty rose 67 points, or 0.38 percent, to 17,813.
