MARKET UPDATE:BSE Sensex up 464 points at 60,209, and NSE Nifty higher by 136 points at 17,949
Published On: Monday, January 10, 2022 | By: Team KnowMyStock
The Indian benchmark indices today (10th Jan.2021) were firmly holding their opening gains amid broad-based buying and gains in heavyweights ITC, Infosys, and HDFC Bank. The BSE Sensex was up 464 points at 60,209, and the NSE Nifty was higher by 136 points at 17,949. The two indices were up 0.8 percent each. In the broader markets, the BSE MidCap and SmallCap indices were also higher by up to 0.9 percent. Among the top gainers were Maruti (up 3.6 percent), ITC (up 2.1 percent) Infosys (up 1.7 percent), and banking stocks on the Sensex. Further, shares of Tata Consultancy Services (TCS) jumped 3 percent to Rs 3,979.90 on the BSE after India's largest information technology (IT) firm said its board will consider a buyback proposal on Wednesday, January 12, 2022. The stock traded close to its record high level of Rs 3,990 touched on October 8, 2021.
Among indices, IT and Pharma were largely muted, while others were trading higher in the green zone, led by banks (up 1.4 per cent), auto (up 1.7 per cent) and realty (up 1.5 per cent) indices on the NSE.
Realty company Oberoi Realty was the top gainer up 2 per cent on the back of strong bookings for December quarter. The company reported an over two-fold jump in its sales bookings at Rs 1,965 crore for the quarter on higher demand.
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