Tag: mild gains

MARKET UPDATE:Sensex testing the 58,000-mark,up over 100 points and the Nifty50 nearky 30 points higher, at 17,272

Wednesday, December 29, 2021
The Indian benchmark indices continued to inch up and held onto mild gains today (29th December 2021). The BSE Sensex was testing the 58,000-mark and was up over 100 points, while the NSE Nifty 50 was nearly 30 points higher, at 17,272. The broader market was a bit higher than the frontline indices. The BSE MidCap and SmallCap indices were trading 0.4 and 0.7 percent higher, respectively. Among stocks, Amara Raja Batteries was up 1 percent after the company, as part of its strategic initiatives to venture into the new-energy business and EV batteries agreed to invest up to Euro 10 million by way of equity and convertible bonds in InBot Auto AS, Oslo Norway. Read more