City
Epaper

Equities extend gaining streak, settle marginally higher

By IANS | Published: January 13, 2022 4:45 PM

New Delhi, Jan 13 The Indian equity indices S&P BSE Sensex and NSE Nifty50 settled marginally ...

Open in App

New Delhi, Jan 13 The Indian equity indices S&P BSE Sensex and NSE Nifty50 settled marginally higher on Thursday.

Notably, with Thursday's marginal gains, indices traded on a positive note for fifth consecutive session.

Return of foreign portfolio investors (FPIs) into the Indian equity segment likely supported the market sentiment.

On Thursday, the Sensex and Nifty settled at 61,235 points and 18,257 points, up 0.14 per cent and 0.25 per cent from their previous close, respectively.

Among the sectoral indices, Nifty metal and pharma rallied the most while Nifty realty and bank declined during the session, NSE data showed.

On the stocks front, Tata Steel, JSW Steel, Sun Pharma, Coal India, L&T rose the most, rallying 6.3 per cent, 4.3 per cent, 3.6 per cent, 3.3 per cent, and 2.5 per cent, respectively.

Wipro, Asian Paints, HCL Technologies, HDFC Bank, Indusind Bank, on the other hand, declined the most during the session. "The domestic market traded between gains and losses weighing the initial positive earnings results and weak global cues. Globally, western markets traded lower due to 4-decade high inflation as the US consumer price index rose by 7 per cent YoY in December," said Vinod Nair, Head of Research at Geojit Financial Services.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: New DelhiindiaS&pnseVinod Nair
Open in App

Related Stories

NationalSunita Kejriwal, Atishi Meet Delhi CM Arvind Kejriwal in Tihar Jail

InternationalIndia-Bound Andromeda Star Oil Tanker Hit by Missiles in Red Sea, Say Yemen’s Houthis

BusinessHeatwave Impact: Vegetable Prices to Stay High Until June in India due to Above-Normal Temperatures

NationalWeather Update: IMD Predicts Heat Wave Conditions for East and South Peninsular India Over Next Five Days

NationalLuna Crater in Gujarat Confirmed as Meteorite Impact Site by NASA Studies

International Realted Stories

InternationalBangladesh agrees to join non-UN international force in Haiti

InternationalPakistan struggles with soaring inflation and widening wage disparities

InternationalPakistan's health institutes rack up exorbitant rent, neglecting patient care

International'The people of Israel need the blessings now more than ever': Jews flock to Western Wall

International99 million-year-old amber yields fossil surprise