MARKET UPDATE:Sensex rose around 200 points to 56,660, while NSE Nifty at 16,918, higher by 50 points
Published On: Tuesday, March 15, 2022 | By: Team KnowMyStock
The Indian benchmark indices started to trade on a higher note extending their strong rally to a sixth session amid a sharp fall in crude oil prices from their record highs. The BSE Sensex rose around 200 points to 56,660, while the NSE Nifty was at 16,918, higher by 50 points. Among the Sensex-30 shares, Asian Paints, M&M, Maruti, Ultractech Cement, Axis Bank, L&T, ICICI Bank, HDFC Bank, and SBI were the top gainers. On the Nifty, Tata Consumer, Cipla, Eicher Motors, and Tata Motors were the additional gainers, up to 2 percent higher. On the downside, Tata Steel, Reliance, Infosys, Kotak Bank, NTPC, Tech M, ONGC, Hindalco, JSW Steel, Indian Oil, and Coal India were the top losers on the bourses, down up to 4 percent.
The broader markets were also in green with the BSE MidCap and SmallCap indices trading up to 0.6 per cent higher.
Sectorally, Nifty Realty, Pharma and Auto indices were leading gains, up 2 per cent, 0.8 and 0.7 per cent, respectively. On the other hand, Nifty Energy and Metal indices were the top drags, as crude prices have come off their highs.
Among stocks, Rites was up over 3 per cent after the company declared third interim dividend of Rs 7.50 per share.
This apart, Indiabulls Housing Finance surged 10 per cent. Sameer Gehlaut has resigned from the Non-Executive Director post of the company. Outgoing promoters holdings' of the co will be reclassified as public category & outgoing promoters' will not have any control over the company
We are on Telegram!
JOIN our telegram channel to receive updates on Financial News and Stock and FNO Tips.
Click Here!
Follow Us On:
