MARKET UPDATE:Sensex rose over 120 points to trade at 59,872 levels while Nifty above 17,850
Published On: Wednesday, October 6, 2021 | By: Team KnowMyStock
The Indian benchmark indices opened in the positive territory today(6th October 2021) with Nifty above 17,850. The BSE Sensex rose over 120 points to trade at 59,872 levels. The 50-pack index, meanwhile, gained nearly 50 points at 17,870. ONGC, IOC, and Coal India were the top gainers on the benchmark index. Top laggards were Titan, Divi's Lab, SBI Life, and IndusInd Bank. Sectorally, barring Nifty IT and Pharma, all indices were in the green. The broader indices, too, opened higher. The Nifty Midcap 100 rose 0.4 percent and the Smallcap 100 was higher by 0.7 percent. In pre-open itself, the Midcap index had hit new record high levels.
Bajaj Finance gains 1% post Q2 business update as the company’s assets under management (AUM) stood at approximately Rs 166,900 crore as of September 30, 2021 as compared to Rs 137,090 crore as of September 30, 2020. Deposit book in Q2 FY22 grew by approximately Rs 750 crore.
RBL Bank in the red post disappointing loan growth in Q2.The bank recorded only 1% growth in the advances to Rs 58,046cr for the quarter as compared to Rs 57,298cr of Q2FY21.
Marico gains 3% on healthy Q2 biz update.With reducing COVID-19 cases and accelerated vaccination drive leading to increased mobility levels driving up demand trends, FMCG major Marico on Tuesday said its revenue growth in the quarter ended September 30, 2021, was in "the low twenties".
Tags: Indian benchmark indices Nifty IT and Pharma broader indices Nifty Midcap Bajaj Finance RBL Bank Marico
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