You are here: Home » Markets » News » Market Update
Business Standard

Sensex opens on a bright note

SI Reporter  |  Mumbai 

The Sensex has opened on a strong note for the second consecutive day, gaining 159 points at 19,355 and the Nifty added  51 points at 5,805. In the broader markets, the midcap index opened up 0.7% in line with the benchmark index and the smallcap has opened at 9,019, adding 0.4%.

Among the BSE sectoral indices, Capital Goods is the only index that started in the negative, down 0.1%. Realty, Bankex and IT has gained 1% each in the opening trades.

Tata Motors up 2%,ICICI Bank, Sterlite, DLF, TCS, Jaiprakash Associates,Infosys, HDFC Bank and HDFC adding 1% each are the top gainers in the opening trades.

The losers on the Sensex are Tata Steel down 2%, L&T and  Maruti Suzuki shedding 1% each. Hero Honda, Tata Power, Hindustan Unilever losing 0.7% - 0.8% are the other noteable losers.

The market breadth is very positive. 910 stocks have advanced while 378 have declined.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Wed, January 12 2011. 09:30 IST