MARKET UPDATE:Sensex 142 points lower at 59,956, while Nifty at 17,902 lower by 35 points
Published On: Thursday, January 20, 2022 | By: Team KnowMyStock
Following the weak global sentiment, the Indian benchmark indices opened on a lower note and extended their losses for a third day today(20th January 2022). The BSE Sensex was 142 points lower at 59,956, while the NSE Nifty was at 17,902, lower by 35 points. In the broader market, the BSE MidCap and SmallCap indices were, however, in the green and were higher by up to 0.2 percent. On the Sensex, PowerGrid, Ultratech Cement, Tata Steel, Axis Bank, Bharti Airtel, Bajaj Finserv Bajaj Finance, and ITC.were the top gainers, up between 0.3-2 percent. On the Nifty, Tata Consumer, Grasim, Coal India, Hero Moto Corp, and Eicher Motors were the additional gainers.
Infosys, HCL Tech, Asian Paints, RIL, Tech M, TCS, Wipro, HDFC, M&M, Dr Reddy's, Sun Pharma were the top losers, down between 0.3- 1.8 per cent.
Sectorally, Nifty IT index was the bigggest loser, down over 1 per cent, while, Metals and Realty were leading gainers.
Among stocks, Syngene International was trading over 3 per cent higher on strong Q3 numbers. Meanwhile, ICICI Lombard was down 6 per cent on the BSE as the company posted weak earnings in Q3.
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