Scan to Download
Indian equities had a volatile trading session but managed to eke out gains as banking stocks staged a rebound in the second half.
The S&P BSE Sensex ended 0.5% higher at 49,517. The index is now only 483 points away from the mark of 50,000. The NSE Nifty 50 index too ended with gains of 0.5% at 14,563. The index managed to reclaim the 14,500 mark after falling to an intraday low of 14,432.
Among the sectoral indices, the PSU Bank index had a sharp spike towards the final minutes of trade. The index ended 6% higher and was the top sectoral gainer in today's session. All constituents of the index ended higher and it ended at the highest level since February last year.
The Nifty Realty index too rose 2.8% in today's session, courtesy gains in DLF and other Mumbai-based realty players.
Indices like Nifty Bank, Nifty Auto and Nifty Media saw gains of over 1% each.
Among the laggards today were Pharma, I.T. and FMCG. The Pharma index was the top sectoral laggard, seeing cuts of 1.2%. The FMCG index fell 0.6% while the I.T. index, though little changed, ended with a negative bias.
Broader markets were mixed in today's session. The Midcap index outperformed, ending 0.7% higher while the Smallcap index ended little changed.
The India Volatility Index ended 2.1% higher at 22.85.
1,017 stocks on the NSE ended with gains while 873 stocks posted losses.
New Labour Codes: Government May ‘Grandfather’ Gratuity Outgo - Exclusive
Why UBS Recommends A ‘Buy’ For These Two India City Gas Distributors
Bloomberg reports on Tata Chemicals being in advanced talks for a potential acquisition; shares rise. #BQStocks
— BloombergQuint (@BloombergQuint) January 12, 2021
Read other market updates: https://t.co/w9aKBKGqq1 pic.twitter.com/L8sBQUsC5B
Thyrocare Stock Gains As Business Revives In Third Quarter
Talbros Automotive's JV company wins a multi-year order from a large European carmaker. pic.twitter.com/fN2ylfGY9F
— BloombergQuint (@BloombergQuint) January 12, 2021
India Sees $55 Billion Investment in Clean Coal Over Next Decade
Sunteck Realty Stock Trades Near 52-Week High As New Bookings Rise
What Happens If You Merge Brooke Bond And Crocin Trade Channels? Ask HUL.
Stock Market Correction Likely In February-March, Says Renaissance Investment’s Pankaj Murarka
Indian equities have begun today's trading session little changed as sentiment across the Asia Pacific remains mixed.
The S&P BSE Sensex opened 41 points lower at 49,228 while the NSE Nifty 50 opened 11 points lower at 14,473.
Among the sectoral indices, the Nifty Bank has opened with declines of 0.5%, as is the PSU Bank index, while the Media index is up 0.4% at the start of trade.
Other indices have opened little changed.
Broader markets too are mixed at the start today's session. The Midcap index is down 0.1% while the smallcap index gained 0.3%.
803 stocks on the NSE have opened with gains while 744 are declining.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
