The markets in India opened with strong gains today(16 June 2022) after global equities cheered the 75 bps rate hike by the US Fed overnight.
The BSE Sensex rose 568 points to 53,109, while the NSE Nifty was at 15,860, higher by 170 points.
Among the Sensex-30 shares, Reliance, Bajaj twins, ICICI Bank, IndusInd Bank, Maruti, SBI, Titan, and Axis Bank led gains, rising up to 2 percent. BPCL, Tata Motors, and Coal India were the additional winners on the Nifty.
On the flipside, PowerGrid, Nestle, Dr. Reddy's, HUL, Bharti Airtel, and ONGC were the handful of losers on the two benchmarks.
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