MARKET UPDATE:Sensex up 589 points at 58,603, while Nifty at 17,486, higher by 146 points
Published On: Tuesday, February 1, 2022 | By: Team KnowMyStock
The Indian benchmark indices jumped higher at open today (1st February 2022) and were up 0.9 percent ahead of the Budget. The BSE Sensex was up 589 points at 58,603, while the NSE Nifty was at 17,486, higher by 146 points. Among the Sensex-30 shares, IndusInd Bank, ICICI Bank, HDFC twins, Infosys, Sun Pharma, Kotak Bank, Axis Bank, Bajaj Finserv, Ultratech Cement, L&T were the top gainers, up between 1-2 percent. On the Nifty, Britannia was the additional gainer, up 2 percent. On the flip side, Dr. Reddy's was the sole loser on the Sensex, while BPCL, IOC, ONGC, and Tata Motors were the Nifty losers, down between 1-3 percent.
In the broader market, the BSE MidCap and SmallCap indices were also in the green, trading up to 0.8 per cent higher.
Sectorally, all bank indices on the NSE were leading gains, up over 1 per cent. They were followed by IT, pharma and realty indices. Meanwhile, the Nifty Auto index was muted and the Oil & Gas index was in red, down 0.4 per cent.
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