MARKET UPDATE:Sensex gained 106 points to 46,770 levels and Nifty above the 13,700-mark


Published On: Thursday, December 17, 2020 | By:

MARKET UPDATE:Sensex gained 106 points to 46,770 levels and Nifty above the 13,700-mark

The Indian equity markets were trading with meager gains today(17th December 2020) amid mixed global cues, ahead of the weekly options expiry. Among the headline indices, the S&P BSE Sensex gained 106 points to 46,770 levels and the broader Nifty50 index was above the 13,700-mark. IndusInd Bank rose 2 percent after the Sebi granted a one-month extension for the bank's promoters to infuse residual capital in lieu of conversion of warrants, issued to them last year, into equity. Besides, Reliance Industries, Sun Pharma, and Ultratech Cement (all up 1%) were the other top gainers. The trend was mixed among the Nifty sectoral indices, with the Nifty Pharma index, up 1 percent, leading the list of gainers. In the broader markets, the S&P BSE MidCap index was flat while the SmallCap index gained 0.4 percent.

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