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Home Business & Corporates

Sensex-Nifty finish in green amid volatile trade

Lagatar News by Lagatar News
January 13, 2022
in Business & Corporates
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Lagatar24 Desk

Mumbai, Jan 13: In a highly tumultuous trading session on Thursday, Indian equities indexes managed to finish in the green. The 30-share BSE Sensex finished 85 points higher, or 0.14 percent, at 61,235, while the wider NSE Nifty finished 45 points higher, or 0.25 percent, at 18,258. Following a seesaw movement, both indices gained for the fifth straight session.
Mid- and small-cap stocks ended the day on a high note, with the Nifty Midcap 100 index up 0.65% and the Nifty Smallcap 100 index up 0.61 percent.

Nine of the National Stock Exchange’s 15 sector indices ended the day in the green. The Nifty Metal index outpaced the index by 3.48 percent.

On a stock-by-stock basis, Tata Steel was the leading Nifty gainer, jumping 6.26 percent to 1,219. Among the gainers were JSW Steel, Sun Pharma, Coal India, and Larsen & Toubro.

Wipro, Asian Paints, HCL Tech, HDFC Bank, and IndusInd Bank, on the other hand, were among the laggards.

Wipro’s stock dropped by as much as 6% to settle at 649.85. In the third quarter (Q3) of the fiscal year 2021-22, the Indian IT services firm posted a modest profit (FY22).

On the BSE, the overall market breadth was marginally positive, with 1,745 stocks rising and 1,678 falling.

Tata Steel, Sun Pharma, L&T, PowerGrid, Bajaj Finserv, and Mahindra & Mahindra had the highest increases on the 30-share BSE platform, with their shares increasing as much as 6.35 percent.

Among the losers were Wipro, Asian Paints, HDFC Bank, HCL Tech, IndusInd Bank, Maruti, and Kotak Mahindra Bank.

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