Sensex rises 85 points; Nifty ends above 18,250

Tata Steel was the top gainer in the Sensex pack, jumping over 6%

January 13, 2022 04:21 pm | Updated 04:21 pm IST - Mumbai

Bombay Stock Exchange (BSE) building in Mumbai. File

Bombay Stock Exchange (BSE) building in Mumbai. File

Equity benchmark Sensex rose 85 points on Thursday, tracking gains in index majors Infosys, Tata Steel and L&T amid a largely negative trend in global markets.

After a choppy session, the 30-share index ended 85.26 points or 0.14% higher at 61,235.30. Similarly, the NSE Nifty advanced 45.45 points or 0.25% to 18,257.80.

Tata Steel was the top gainer in the Sensex pack, jumping over 6%, followed by Sun Pharma, L&T, M&M, PowerGrid, Bajaj Finserv, TCS and Infosys.

On the other hand, Wipro, Asian Paints, HDFC Bank, IndusInd Bank and HCL Tech were among the laggards.

"Indian markets opened flat to marginally positive despite negative Asian market peers after higher inflation reading from the US and China's bank lending declined more than expected in December.

"During the afternoon session markets managed to trade in green albeit, with a narrow range," said Narendra Solanki, Head- Equity Research (Fundamental), Anand Rathi Shares & Stock Brokers.

Elsewhere in Asia, bourses in Shanghai, Tokyo and Seoul ended with losses, while Hong Kong closed in the green.

Stock exchanges in Europe were trading on a negative note in mid-session deals.

Meanwhile, international oil benchmark Brent crude inched up 0.06% to $84.62 per barrel.

Foreign institutional investors (FIIs) were net sellers in the capital market, as they sold shares worth ₹1,001.57 crore on Wednesday, according to stock exchange data.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.