Friday, August 26, 2022
Opening Bell: Indian markets opened today (26 August 2022) on a positive note amid firm global cues. Frontline indices Nifty50 rose over 100 points to trade above 17,650 levels and the S&P BSE Sensex climbed over 450 points at 59,248 levels.
Broader markets, too, reflected similar resilience as Nifty Midcap 100 and Nifty Smallcap 100 surged up to 1 percent.
M&M, Tata Steel, Titan, and Infosys were top contributors to the benchmark indices. Meanwhile, Bharti Airtel, Dr Reddy's, Asian Paints weighed on the indices.
All sectors opened in the green zone with Nifty Auto, Nifty Metal, and Nifty PSU Bank leading the pack.
Among individual stocks, shares of Titan gained 2 percent on the company's expansion plans overseas.
Besides, shares of Nelco soared 10 percent post-tie-up with Intelsat on in-flight connectivity services.
