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Home Business & Corporates

Sensex opens in green, Nifty rises above 17,700 led by gains in all sectors

Lagatar News by Lagatar News
January 4, 2022
in Business & Corporates
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Lagatar24 Desk

Mumbai, Jan 4: The Indian equity benchmarks on Tuesday started trading in green led by gains across all sectors. Asian shares were mixed as Japan’s Nikkei rose 1.38 per cent, South Korea’s KOSPI fell 0.37 per cent and the Shanghai Composite index slipped as much as 0.61 per cent.
Back home, as of 9:22 am, the 30-share BSE Sensex pack was up 263 points or 0.45 per cent at 59,447 and the broader NSE Nifty moved 80 points or 0.46 per cent higher to 17,706.

Mid- and small-cap shares were trading on a positive note as Nifty Midcap 100 index was up 0.6 pe0r cent and small-cap shares were trading 0.58 per cent higher.

On a stock-by-stock basis, NTPC was the highest gainer on the Nifty, rising 2.50 percent to 129.15. The gainers included ONGC, PowerGrid, Mahindra & Mahindra, and BPCL.

Tata Motors, HCL Tech, UltraTech Cements, Wipro, and Tech Mahindra, on the other hand, were among the losers.

On the BSE, the overall market breadth was positive, with 2,178 shares advancing and 554 decreasing.

Axis Bank, Maruti Suzuki, Bajaj Finance, ITC, Reliance Industries, and Bajaj Finserv saw the greatest increases on the 30-share BSE platform, with their shares gaining as much as 1.28 percent in early trade.

Sun Pharma, Infosys, and Wipro were among the companies that suffered losses.

On Monday, the benchmark BSE Sensex rose 929 points, or 1.60 percent, to close at 59,183, while the broader NSE Nifty rose 272 points, or 1.57 percent, to 17,626.

 

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