MARKET UPDATE:BSE Sensex up 54 points at 61,277 and NSE Nifty50 36 points up 18,292
Published On: Monday, January 17, 2022 | By: Team KnowMyStock
The Indian benchmark indices started on a slightly positive note today(117th January 2022) amid mixed global cues. The BSE Sensex was up 54 points at 61,277 and the NSE Nifty50 was 36 points up 18,292. In the broader market, the BSE MidCap and SmallCap indices were also in green and were up 0.4 and 0.6 percent, respectively. Among the Sensex-30 constituents, Maruti, SBI, Infosys, Bajaj Finserv, ICICI Bank, PowerGrid, HDFC Bank, and RIL were the top gainers. On the Nifty, Hero MotoCorp, Tata Motors, ONGC, and BPCL were the additional gainers. On the downside, HCL Tech was the biggest loser, down over 6 percent on the NSE. The IT major had reported its Q3 results over the weekend. While it met street expectations on quarterly revenue and profit. On a yearly basis, the company's PAT fell 13 percent.
Ultratech Cement, too, was down 1.5 per cent ahead of its Q3 results today. Other major losers included Asian Paints, Axis Bank, HUL, Tata Steel, Sun Pharma, Dr Reddy's, Titan and HDFC Bank.
Sectorally, apart from IT, Pharma, Metals, all NSE indices were in the green led by auto and banks. The Nifty Auto index was up 1.5 per cent, leading the gains.
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