MARKET UPDATE:BSE Sensex down 182 points at 61,053 and the NSE Nifty 54 points lower at 18,203
Published On: Friday, January 14, 2022 | By: Team KnowMyStock
The benchmark indices in India were seen recouping opening losses and were down up to 0.3 percent today (14th Jan.2022). The BSE Sensex was now down 182 points at 61,053 and the NSE Nifty was 54 points lower at 18,203. The mild recovery in the indices was being supported by gains in heavyweights RIL (up nearly 1 percent) and HDFC Bank( up 0.5 percent), followed by L&T, Ultratech Cement, and Maruti. On the Nifty, Tata Consumer, IOC, BPCL, and SBI Life were the additional gainers. The majority of stocks (30), however, were still negative. Broader indices BSE MidCap and SmallCap were, however, outperforming the benchmarks and were up 0.2 and 0.3 percent, respectively.
Among stocks, shares of Mindtree fell 5 per cent after the company posted Q3 results on Thursday.
Shares of Tata Metaliks were also trading 3 per cent lower after the company reported a sharp 52.5 per cent fall in Q3FY22 profit to Rs 35.66 crore, when compared with Rs 75.18 crore in Q3FY21.
Sectorally, all indices on the NSE, barring oil & gas and Consumer durables, were in the negative territory. Nifty IT was the biggest loser, down over a per cent.
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