MARKET UPDATE:Sensex up 500 points at 57,774, while Nifty at 17,258 higher by 148 points
Published On: Friday, January 28, 2022 | By: Team KnowMyStock
The Indian benchmark indices opened fairly positive today(28th January 2022) after being volatile throughout the week amid a global sell-off. The BSE Sensex was up 500 points at 57,774, while the NSE Nifty was at 17,258 higher by 148 points. Among the Sensex-30 shares, NTPC, Tata Steel, Sun Pharma, Bharti Airtel, Titan, Wipro, Bajaj Finance, IndusInd Bank, M&M, and Asian Paints were the top gainers, up between 1-3 percent. ONGC, Tata Consumer, and IOC were the additional gainers on the Nifty. On the flip side, HDFC twins and Maruti were the only losers on the bourses. In the broader markets, the BSE MidCap and SmallCap indices were also in the green zone, up over 1 percent each, respectively.
Sectorally, all Nifty indices were trading higher with the Nifty Realty, IT, Metal, Auto, Oil & Gas PSU Bank and Pharma indices being top gainers, up 1-1.9 per cent.
Among stocks, shares of Route Mobile were trading over 12 per cent higher on the BSE after the company posted strong Q3 numbers. The company on Thursday posted 28.33 per cent rise in consolidated profit at Rs 48.27 crore for the December quarter. It also announced an interim dividend of Rs 3 per share.
On the flip side, RBL Bank was down 3 per cent on the exchange as investors seemed unimpressed with its Q3 performance. The bank reported a Net Interest Income of Rs 1,010 crore, a 10.4 percent quarter-on-quarter increase and an 11 percent year-on-year increase.The bank's operating profit dropped 9 percent QoQ, to Rs 631 crore.
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