MARKET UPDATE: Sensex rose 400 points to reclaim the 52,000-mark, and Nifty gained 100 points to 15,450
Published On: Tuesday, June 21, 2022 | By: Team KnowMyStock
Continuing their recovery, the Sensex and Nifty indices extended gains today(21 June 2022) opening higher. The BSE Sensex rose 400 points to reclaim the 52,000 mark, and the NSE Nifty gained 100 points to 15,450. Among the Sensex-30 shares, Tata Steel, IndusInd Bank, Titan, SBI, Tech M, Reliance, Bajaj twins, and HDFC were the top gainers. Hindalco, Tata Motors, Eicher Motors, and JSW Steel led gains on the Nifty. On the downside, HUL and Ultratech Cement were the sole underperformers across the two benchmarks.
In the broader markets, the BSE MidCap and SmallCap indices also recouped some of the previous day's losses and advanced 1 per cent each.
Sector-wise, beaten down metals pack, which had slumped in the previous session, also regained some lost ground rising around 2 per cent on the Nifty. This was followed by firm gains in Auto, IT, Pharma and PSB indices. Rest were also positive.
Among stocks, Suven Life Sciences soared 5 per cent. The company’s board is scheduled to meet on June 24 to consider a proposal to raise funds by way of issue of equity shares on rights basis.
KEC International rose over 2 per cent after the company said it won new orders worth Rs 1,092 crore across its various businesses.
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