Sensex ends 390 pts higher driven by HDFC twins, metals, Nifty above 18,150
Closing Bell: Within sectors, the Nifty metal index closed with most strength, up 1.5 per cent, followed by financials and pharma pockets, while PSB index slumped the most by over 1 per cent
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CLOSING BELL
Equity markets extended gains to a second session on Wednesday supported by positive global peers and selected financial and metal stocks.
Equity markets extended gains to a second session on Wednesday supported by positive global peers and selected financial and metal stocks.
The BSE Sensex dipped to a low of 60,569 during the day but firmed up to close 390 points higher at 61,046. The top winners that drove maximum gains on the index were Tata Steel, L&T, Wipro, HDFC twins and Bharti Airtel, which ended 1.6-2 per cent higher.
The NSE Nifty ended 112 points higher at 18,165, led by Hindalco, which gained 3 per cent, while Tata Motors, Ultratech Cement, HDFC Life, Adani Enterprises and IndusInd Bank restrained gains on the index and dropped up to 1.6 per cent.
The BSE Midcap and Smallcap indices ended with slimmer gains of 0.5 per cent and 0.2 per cent, respectively. Within sectors, the Nifty metal index closed with most strength, up 1.5 per cent, followed by financials and pharma pockets, while PSB index slumped the most by over 1 per cent.
Among stocks, Adani Enterprises closed 1.5 per cent down. The company has filed papers for its Rs 20,000-cr FPO, which will remain open between Jan 27-31. As per the RHP, it will use Rs 10,900 crore of the total proceeds towards capex in airport and green businesses.
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4:02 PM
Over 1,900 stocks advanced, while 1,573 declined
3:56 PM
Broader markets upbeat; India VIX slips over 1%
3:51 PM
Nifty PSU Bank worst sectoral performer, losses led by BoI, Indian Bank
3:48 PM
Nifty Metal best sectoral performer, rises over 1%
3:45 PM
Tata Motors, Adani Enterprises, HDFC Life top Nifty50 losers
3:41 PM
Hindalco, Tata Steel, L&T top Nifty50 gainers
3:36 PM
SENSEX HEATMAP: 23 out of 30 counters close in positive territory
3:34 PM
CLOSING BELL: Nifty50 closes above 18,150 levels, up 100pts
3:33 PM
CLOSING BELL: Sensex closes above 61,000, up nearly 400 points
3:25 PM
Accenture most valued IT brand, TCS & Infosys value up 2%: Report
Accenture retains top slot for the fifth year straight; Cognizant and Wipro fall in rankings. READ MORE
3:15 PM
High RM prices to dent HUL's Q3 margins, revenues may rise up to 14% YoY
Higher advertising spends coupled with inflationary pressures, analysts said, are likely to squeeze EBITDA margins up to 154 basis points (bps) YoY to 23.9 per cent in Q3FY23. READ MORE
3:00 PM
ALERT :: Adani Enterprises' Rs 20,000-cr FPO to likely run between Jan 27-31
>> Adani Ent to issue shares on a partly paid basis
>> Anchor investor bid date is Jan 25
>> Adani Ent to use proceeds to repay Rs 4,170 crore of unit's debt
>> Adani to use Rs 10,900 Cr of proceeds for capex in airport, green biz
>> Anchor investor bid date is Jan 25
>> Adani Ent to use proceeds to repay Rs 4,170 crore of unit's debt
>> Adani to use Rs 10,900 Cr of proceeds for capex in airport, green biz
2:58 PM
Global Check:: US, UK stock futures exhibit flat trade
Source: Investing.com
2:52 PM
Stock of this iron & steel products company zoomed 50% in one month
In the past one month, the stock of the iron & steel products company has zoomed 50 per cent, as compared to 0.41 per cent decline in the S&P BSE Sensex. It had hit a record high of Rs 198.95 on January 2, 2023. READ MORE
2:43 PM
BSE 500:: Westlife Food, Balrampur Chini, TTML among volume shockers
Westlife Food witnessed unusally high volume of around 7.12 lakh shares so far on the BSE as against its five-day average volume of around 7,850-odd shares. Similarly, Capri Global, Polyplex Corporation, Balrampur Chini and Carborundum Universal were among the other BSE 500 volume toppers on Wednesday. VIEW MORE
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Topics : MARKET WRAP Markets Q3 results Markets Sensex Nifty stock market trading stock market investing Market news S&P BSE Sensex Nifty 50 Nifty50 corporate earnings SGX Nifty Wall Street Global Markets Indian markets Indian stock market Indian stock markets ITC Tata Metaliks IndusInd Bank Adani Transmission Reliance Industries Hindustan Petroleum Corporation Oil Prices Crude Oil Price Coforge
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First Published: Jan 18 2023 | 8:05 AM IST
