MARKET UPDATE:Sensex rose 613 points to 59,890, while Nifty at 17,830, higher by 161 points
Published On: Monday, April 4, 2022 | By: Team KnowMyStock
The Indian key benchmark indices started today's(4th April 2022) session with a positive note driven by banking majors HDFC and HDFC Bank as the two announced a merger deal. The BSE Sensex rose 613 points to 59,890, while the NSE Nifty was at 17,830, higher by 161 points. Among the Sensex-30 shares, HDFC and HDFC Bank rose 8 percent and 7 percent, respectively, leading to the index's gains. They were followed by Bajaj Finance, Titan, Tech M, Asian Paints, and HCL Tech. On the Nifty, HDFC Life and Divis Labs were the additional top gainers. On the flip side, M&M, Infosys, Maruti, Eicher Motors, Axis Bank, and ONGC were the top losers on the two benchmarks, down up to 1.5 percent.
In the broader markets, the BSE MidCap and SmallCap indices were in the positive territory, up to 1 per cent higher.
Sectorally, Nifty Bank and Nifty Financial indices were the front runners led by HDFC twins, and were up to 2.8 per cent higher. Nifty Pharma, Consumer Durables and Oil & Gas were the other notable gainers. While, Nifty Auto was the sole loser.
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