CLOSING BELL: Sensex closed 327 points higher at 61,168 and Nifty 50 closed at 18,197, up 92 points
Published On: Monday, January 2, 2023 | By: Team KnowMyStock
Closing Bell: For domestic equities, the first trading session of 2023 turned out positive as the frontline indices closed with firm gains today(2 January 2023). The BSE Sensex swung to a low of 60,765 during the day before gaining strength to close 327 points higher at 61,168. Though this was off the day's high of 61,223. The NSE Nifty touched a low of 18,086 but bounced back to close at 18,197, up 92 points. Overall, the trade was undecisive throughout the session due to a lack of global triggers with most markets being closed on account of the new year holiday.
Tata Steel (up 5.8 per cent), Tata Motors (up 1.8 per cent), ICICI Bank(1.5 per cent), M&M (1 per cent) and Reliance (1 per cent) emerged as the top Sensex winners. Hindalco and ONGC were the additional gainers on Nifty, up around 3 per cent each.
On the down side, Asian Paints, Titan, Tech M, Bajaj Finance, Sun Pharma, Nestle, HUL, Divi's Labs, Bajaj Auto and Hero Moto were the top index losers, which shed up to1.4 per cent.
The broader markets outweighed the gains in the Sensex benchmark with the BSE Smallcap and Midcap indices closing 0.8 per cent and 0.6 per cent higher, respectively.
Sector-wise, the Nifty metal index was the top performer of the day, which jumped 2.4 per cent after global brokerage Jefferies changed its stance on the sector to 'positive'. Read why Jefferies has turned bullish on metals
Other sectoral gainers included Nifty Realty, PSB and financial services while Nifty Pharma and consumer durables underperformed and lost up to 0.4 per cent.
We are on Telegram!
JOIN our telegram channel to receive updates on Financial News and Stock and FNO Tips.
Click Here!
Follow Us On:
