MARKET UPDATE:BSE Sensex 115 points higher at 61,265, while the NSE Nifty 37 points up at 18,250
Published On: Thursday, January 13, 2022 | By: Team KnowMyStock
In the Indian markets, benchmark indices today (13th January 2021)steadily held opening gains in early morning trade. The BSE Sensex was 115 points higher at 61,265, while the NSE Nifty was 37 points up at 18,250. On the Sensex, Tata Steel and PowerGrid were the leading gainers, up 3 percent each, followed by Sun Pharma, NTPC, ITC, L&T, and RIL. On the flip side, Wipro was the biggest loser, down 5 percent, after the company fell short of market expectation, as it’s net profit was up 1.3 percent on a quarter on quarter (QoQ) basis at Rs 2,969 crore for the third quarter ended December 2021 (Q3FY22). READ HERE. HDFC Bank, HCL Tech, M&M, Titan, Asian Paints, Axis Bank, and IndusInd Bank were the other notable losers.
Meanwhile, metal stocks were the leading gainers across sectors. The Nifty Metal index was up over 2 per cent, led by Tata Steel, Jindal Steel, HindCopper, Coal India and Vedanta, all up 3 per cent. Pharma stocks were the other gainers.
On the other hand, banks, auto, realty were trading lower. IT, too, was now muted.
Among stocks, the shares of Larsen & Toubro (L&T) hit a new high of Rs 2,003.65, up 1.5 per cent on the BSE after the company announced that a consortium led by its arm, L&T Hydrocarbon Engineering, secured mega contracts (over Rs 7,000 crore) for two offshore packages from a prestigious overseas client.
Tags: Indian benchmark indices steady Tata Steel and PowerGrid gainers banks auto realty trading lower
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