MARKET UPDATE: Sensex opened 299 points up at 58,442, while the NSE Nifty climbed 81 points to 17,433
Published On: Wednesday, February 16, 2022 | By: Team KnowMyStock
The Indian benchmark indices started today's(16th February 2022) session higher extending the previous day's strong rally as concerns around the Russia-Ukraine conflict eased. The BSE Sensex opened 299 points up at 58,442, while the NSE Nifty climbed 81 points to 17,433. The indices soon after the opening were seen turning volatile as they slipped into the red zone. From the Sensex-30 shares, M&M, Bajaj Finance, HDFC, PowerGrid, NTPC, Bajaj Finserv, HCL Tech, Kotak Bank, HDFC Bank, Nestle, ITC, and Bharti Airtel were the top gainers, up 0.3-2 percent. On the Nifty, BPCL, IOC, HDFC Life, Coal India, and Grasim were the additional gainers. On the downside, Titan, Tata Steel, L&T, Shree Cement, Ultratech Cement, Wipro, and ICICI Bank, meanwhile, were the top losers.
In the broader markets, the BSE MidCap and SmallCap indices were also in the positive territory, higher up to 1 per cent.
Sectorally, the Nifty Realty index was leading the gains, up 1.3 per cent, followed by Nifty Oil & Gas index, trading 0.8 per cent up and then Nifty Auto and Financial Services, both 0.7 per cent higher.
Among stocks, Crisil was up 5.3 per cent on the BSE. The company’s Q3 consolidated net soared 53.2 per cent to Rs 168.63 crore in the quarter ended December 2021 when compared with Rs 110.04 crore in the corresponding quarter a year ago. Total income was up 17.5 per cent YoY at Rs 719.45 crore.
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