MARKET UPDATE:Sensex registered a new high at 61,159 while Nifty touched a new summit at 18,295
Published On: Thursday, October 14, 2021 | By: Team KnowMyStock
The Indian markets continue to trade on a firm note well supported by IT stocks following a good Q2 show today(14th Oct.2021). The BSE Sensex so far has registered a new high at 61,159 and was up 352 points at 61,089. The NSE Nifty touched a new summit at 18,295 and was up 111 points at 18,273. The BSE IT index has pared considerable gains but is still up 1.2 percent at 35,217. The index had touched a high of 35,794. The BSE Realty, Metal, and Capital Goods indices are the other major gainers, up 1.3-2.7 percent, each. Infosys which touched a high of Rs 1,784, was up 1.4 percent at Rs 1,733. Wipro touched a new high at Rs 723.65 on the BSE and continues to trade firm, at Rs 705, up 4.8 percent. Tech Mahindra has gained 1.4 percent, while HCL Technologies has slipped into the red, down 0.8 percent at Rs 1,255 ahead of its results.
Meanwhile, Mindtree continues to trade on a firm note at Rs 4,619, up 5.9 per cent on the back of 57 per cent jump in Q2 net profit on a year-on-year basis.
Among the Sensex 30 stocks, Larsen & Toubro has surged 2.7 per cent. SBI, ITC, HDFC Bank and Tata Steel are the other prominent gainers. Whereas, IndusInd Bank and TCS are the other notable losers.
The broader markets are also holding steady gains. The BSE Midcap and Smallcap indices were up 0.7 per cent and 0.7 per cent, respectively. The market breath too was fairly positive, with advancing shares out-numbering declining stocks in 2:1 ratio on the BSE.
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