Opening Bell: Sensex gains over 500 points, Nifty above 17,400


Published On: Wednesday, February 9, 2022 | By:

Opening Bell: Sensex gains over 500 points, Nifty above 17,400

The Sensex was up 500 points or 0.84% at 58294.54, and the Nifty was up 144.40 points or 0.84% at 17411.20. The up-move was supported by strong gains in IT and private banking counters. Bajaj Finserv, Maruti, HCL Tech, Titan, IndusInd Bank, HDFC Bank, Wipro, Tech M, Coal India, IOC, Bajaj Auto were the top gainers on the bourses, trading up to 2.6 percent. Investors looked forward to the Reserve Bank of India's monetary policy decision due on Thursday. In the broader markets, the BSE MidCap and SmallCap indices were also in the positive territory, up 0.9 percent each. Nifty sectoral indices were trading with gains. Bank Nifty was up nearly 1%. Nifty Auto, Nifty IT, Nifty Media, Nifty Realty indices gained up to 1.5 percent. Public banks were subdued in the trade as the PSB index was 0.84 percent down.

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