Wednesday, November 24, 2021
Indian equities started higher today(24 Nov.2021), supported by firm global cues and buying in heavyweights such as Bharti Airtel, SBI, Axis Bank, and TCS.
The benchmark S&P BSE Sensex advanced 47 points, or 0.08 percent, to quote at 58,711 in opening deals. The NSE Nifty50, on the other hand, added 30 points to hold the 17,550-mark.
Among key movers in early trades, Bharti Airtel's shares moved up by 0.5 percent after Moody's Investors Service revised the company's and its subsidiary Bharti Airtel Int'l (Netherlands) BV's rating outlook to positive from stable.
In the broader markets, the BSE SmallCap index is outperforming both, large-cap and mid-cap, indices. The index is up over 1 percent.
Sectorally, select IT and auto stocks, including Coforge, Infosys, Tech M, Maruti Suzuki, Hero MotoCorp, and M&M, are trading with a negative bias. Meanwhile, the volatility index, India VIX, eased about 5 percent.
