MARKET UPDATE:BSE Sensex rose 117 points at 58,360-level while NSE Nifty nearing the 17,450 mark,up 45 points
Published On: Wednesday, September 15, 2021 | By: Team KnowMyStock
The Indian benchmark indices extended gains (today) after a beginning on a cautious note with the 50-pack Nifty nearing the 17,450 marks as it traded 45 points higher. Meanwhile, BSE Sensex rose 117 points at 58,360-level. Titan, NTPC, Airtel, and M&M were the top-performing stocks in the Sensex kitty of stocks, up between 1-3 percent. Axis Bank, TechM, HDFC Bank, and HCL Tech, on the other hand, were the worst laggards. The broader market outperformance showed no signs of abating. The BSE Midcap and Smallcap indices were up nearly 0.4 percent each. Sectorally, Nifty Private Bank, Nifty Bank, and Nifty Financial Services were the only losers. Media pack once again was the best performer, up 2 percent. Other top gainers included realty, FMCG, and auto.
ONGC at a 52-week high with 5% rise in early trade.The company is looking to buy out Infrastructure Leasing & Financial Services' stake in Mangalore Special Economic Zone.IL&FS holds 50 per cent equity in the company.
The deal is likely to be concluded at 'fair value' after ONGC's attempt to buy out the shadow lender’s stake in the joint venture.
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