MARKET UPDATE:Sensex up 546 points at 59,409, while Nifty at 17,744, higher by 168 points
Published On: Wednesday, February 2, 2022 | By: Team KnowMyStock
The Indian benchmark indices steadily held their opening gains with broad-based buying today (2nd February 2022). The BSE Sensex was up 546 points at 59,409, while the NSE Nifty was at 17,744, higher by 168 points. The two indices were up 0.9 percent each. Banking counters were leading gains on the bourses. Bajaj twins, IndusInd Bank, Kotak Bank, Axis Bank were the top gainers on the Sensex, followed by HCL Tech, Wipro, Titan, HDFC, and ITC. In the broader markets, the BSE MidCap and SmallCap indices had also extended gains and were now up 1.1 and 1.4 percent, respectively. On the NSE, Nifty SmallCap 50 and SmallCap 100 indices were the top gainers, up 1.87 and 1.7 percent, respectively.
Sectorally, among banks, PSUs were leading gainers, with the Nifty PSU Bank index trading 1.7 per cent higher. The Nifty Auto, Realty and Pharma indices were the other gainers.
Among stocks, shares of Tata Teleservices (Maharashtra) were locked at the 5 upper circuit at Rs 149.25 on the BSE after the telecom company said it has decided not to opt for conversion of interest related to adjusted gross revenue (AGR) dues into equity in the name of the government, as planned.
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