MARKET UPDATE: Sensex traded at 53,215 levels, up 56 points and Nifty at 15,949 levels, up 25 points
Published On: Friday, July 16, 2021 | By: Team KnowMyStock
Indian equity markets sustained their uptrend today(16th July 2021) despite the weak global trends and the benchmark indices hitting a new record high in intra-day deals. The S&P BSE Sensex traded at 53,215 levels, up 56 points or 0.11 percent while the Nifty50 was at 15,949 levels, up 25 points. In the intra-day trade, the indices touched new lifetime highs of 53,291 and15,962.25, respectively. The BSE MidCap and SmallCap indices advanced 0.11 percent and 0.38 percent in the broader market, respectively.
The markets started today on a strong note amid buying interest in RIL and a few financial stocks. UPL was the top Nifty50 gainer in early deals, up 1.7 per cent. Divi's Lab, ITC, JSW Steel and Hindalco were among other bluechip top performers. On the other hand, TechM was the top laggard, down 0.7 per cent. Infosys, Eicher Motor, Axis Bank and L&T were among other losers. Vodafone Idea gained 5 per cent, while Just Dial added 2 per cent in early trade.
Eighteen companies including HDFC Asset Management Company, Den Networks, Just Dial, and L&T Finance Holdings are slated to post their quarterly results today.
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