MARKET UPDATE:Market volatile;Sensex opened 250 points up at 57,421, while Nifty climbed 100 points to 17,270


Published On: Tuesday, April 19, 2022 | By:

MARKET UPDATE:Market volatile;Sensex opened 250 points up at 57,421, while  Nifty climbed 100 points to 17,270

The Indian benchmark indices started today's(19 April 2022) session with nominal gains after a day of a huge sell-off, as global cues remained mixed. But soon after, the indices fizzled out gains and turned volatile. The BSE Sensex opened 250 points up at 57,421, while the NSE Nifty climbed 100 points to 17,270. Among the Sensex-30 shares, Ultratech Cement, Bajaj Twins, Tata Steel, L&T, HUL, Axis Bank, and Titan were the leading gainers, up 1-1.5 percent. Coal India, Eicher Motors, Grasim, and Tata Consumer were the top gainers on the Nifty. Meanwhile, HDFC twins, Infosys, Dr. Reddy's, HCL Tech, Tech M, Bharti Airtel, and Kotak Bank, meanwhile, were the top losers on the indices.

In the broader markets, the BSE MidCap and SmallCap indices were in the positive territory, up to 0.97 per cent.

Sectorally, Nifty Metals, Auto, PSBs and Energy packs were the leading winners, up 0.9 per cent each. While, Nifty FMCG, IT and Financials were subdued.

Among stocks, Mindtree opened in green but soon turned negative, and was down 1.6 per cent. The company's net profit jumped 49 per cent YoY in Q4, while its revenue rose 37.4 per cent to Rs 2,897 crore. 

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