City
Epaper

Sensex gains 167 points, IT stocks surge

By Lokmat English Desk | Updated: September 6, 2021 18:35 IST

Equity benchmark indices extended their bull run to scale new highs on Monday with IT and auto stocks leading the rally.

Open in App

Equity benchmark indices extended their bull run to scale new highs on Monday with IT and auto stocks leading the rally.

At the closing bell, the BSE S&P Sensex was up by 167 points or 0.29 per cent at 58,297 while the Nifty 50 rose by 54 points or 0.31 per cent to 17,378.

Sectoral indices were mixed with Nifty realty up by 3.1 per cent, IT by 1.5 per cent and auto by 0.4 per cent. But Nifty financial service, private bank and FMCG were in the negative zone.

Among stocks, Wipro gained by 4.9 per cent to close at Rs 687.50 per share. HCL Technologies zoomed by 2.6 per cent and Infosys by 1.8 per cent.

Reliance Industries advanced by 1.7 per cent to Rs 2,429 per share while Hindalco rose by 1.6 per cent.

The other major gainers were Bajaj Auto, Eicher Motors, Hero MotoCorp, Maruti Suzuki, Tata Motors, Hindustan Unilever and Axis Bank.

But IndianOil Corporation, IndusInd Bank, ONGC, Britannia and Kotak Mahindra Bank traded with a negative bias.

Meanwhile, Asian shares edged higher as a disappointing US payrolls report promised to keep policy there super-loose for longer, but also clouded the outlook for global growth and inflation.

Japan's Nikkei added 1.83 per cent, extending a rally on hopes a new prime minister there would bring added fiscal stimulus.

Hong Kong shares rose 1.01 per cent led by tech and financials while South Korea's Kospi ticked up by 0.07 per cent.

( With inputs from ANI )

Tags: Sensex
Open in App

Related Stories

BusinessIndia-Pakistan Ceasefire Triggers Stock Market Surge: Sensex Jumps 2,300+ Points, Nifty Nears 24,800

InternationalOperation Sindoor: Pakistan Stock Market Plunges 6% After Indian Army Strikes Back After Pahalgam Attack

BusinessReasons Why Share Market Down Today And Investor Reactions

NationalWhy Indian Stock Markets Crash Today? Experts Explain Sharp Fall in Sensex and Nifty

BusinessStock Market Crash: Donald Trump's Tarrif Announcement Makes Investors Poorer by Rs.20.16 Lakh Crore

Business Realted Stories

Business17-year-old Kimaya Singhania's Arpan Exhibition Champions Childhood Cancer

BusinessIndia's defence exports saw 34-fold jump over the past decade: Rajnath Singh

BusinessSeoul shares rise for 3rd day on eased trade woes

BusinessMPOWER Financing Securitizes $313.2 Million to Fuel Indian Students' Dreams Abroad

BusinessNew York-based BAT VC Announces India Entry with $100 Million AI-focused Fund II