Closing bell: BSE Sensex ended 553 points higher at 61,150 and NSE Nifty ended with a gain of 156 points at 18,212
Published On: Wednesday, January 12, 2022 | By: Team KnowMyStock
The Indian benchmark indices extended their winning run into the fourth straight trading session backed by solid gains in index heavyweights - Reliance Industries, Infosys, ICICI Bank, and Bharti Airtel. Reliance and Airtel were in the limelight, on reports that the three telecom majors (Jio, Airtel, Voda Idea) have sought 90-95 percent reduction in 5G spectrum auction prices. The IT shares were expected to be in focus owing to results announcements from Infosys, TCS, and Wipro. While IT major Infosys ended with a gain of 1.1 percent, TCS and Wipro, however, were down 1.5 percent and 0.3 percent, respectively, in trades awaiting the Q3 result announcements.
The BSE benchmark index, the Sensex, surged to a high of 61,218 in late trades, and ended 553 points higher at 61,150. The BSE 30-share index has gained 1,548 points in the last four straight trading sessions.
The NSE Nifty 50 index rose to its highest level since October 20, 2021, as it touched a high of 18,228. The NSE benchmark eventually ended with a gain of 156 points at 18,212.
Tags: Indian markets closing bell Sensex Nifty winning run solid gains in Reliance Industries Infosys ICICI Bank and Bharti Airtel
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