MARKET UPDATE:Sensex 100 points up at 58,665, while Nifty around 17,500, higher by 36 points
Published On: Friday, April 1, 2022 | By: Team KnowMyStock
The markets in India were holding marginal gains in morning deals today(1 April 2022) after a flat opening on weak global sentiment as US and European indices logged significant losses overnight. The BSE Sensex was 100 points up at 58,665, while the NSE Nifty was around 17,500, higher by 36 points. Among the Sensex-30 shares, NTPC, PowerGrid, Bharti Airtel, Bajaj Finance, Asian Paints, M&M, HDFC Bank, and Reliance were the top gainers, up to 4 percent higher. BPCL, Coal India, UPL, and ONGC, meanwhile, were the additional Nifty gainers. Infosys, HDFC, Titan, Ultratech Cement, Dr Reddy's, Nestle, ICICI Bank, HCL Tech, Tech M, and SBI Life were the top frontline losers, down up to 2.6 percent.
In the broader markets, the BSE MidCap and SmallCap indices were in the positive territory, up to 0.35 per cent higher.
Sectorally, Nifty PSBs, Metals, Energy and Realty indices were the leading winners, up between 0.6-0.9 per cent. On the other hand, Nifty IT, and Auto were the only losers.
Among stocks, Hero MotoCorp slipped over 5 per cent after the I-T dept found that the company has siphoned off Rs 800 crore via shell firms.The Future Retail gained 5 per cent. The company's CEO Sadashiv Nayak has quit the company seven months after his appointment.
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