MARKET UPDATE:Sensex started at 57,818 level, up 133 points while Nifty opened at 17,210, up 43 points


Published On: Thursday, December 2, 2021 | By:

MARKET UPDATE:Sensex started at 57,818 level, up 133 points while Nifty opened at 17,210, up 43 points

Indian equities started higher today(2nd December 2021) amid mixed global cues. The S&P BSE Sensex started today's session at 57,818 level, up 133 points or 0.2 percent. The Nifty50 opened at 17,210, up 43 points. M&M (up over 2 percent), HDFC, Power Grid, Titan, and Sun Pharma were leading the list of gainers on the Sensex index. On the flipside, L&T (down 0.8 percent), ICICI Bank, Nestle India, Axis Bank, and SBI were trading in the red. In the broader markets, the BSE MidCap and SmallCap indices added 0.29 percent and 0.22 percent, respectively. Among individual stocks, NDTV shares were locked at a 5 percent upper circuit after the company has signed an exclusive 10-year deal worth Rs 750 crore with Taboola – a global leader in powering content recommendations on the open web.

Raymond was trading flat with a positive bias even as the company's board has approved the listing of its subsidiary JK Files & Engineering Ltd (JKFEL), a company that is in the business of auto parts.

Hero MotoCorp shares, meanwhile, were down half a per cent after the company reported a sharp 40.9 per cent YoY decline in November sales to 349,393 units as against 591,091 units sold in November 2020.

Sectorally, the Nifty Metal and Bank indices were down 0.5 per cent and 0.2 per cent, respectively. On the upside, the Nifty Auto and Pharma indices were up 0.7 per cent and 0.8 per cent, respectively.

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