BSE & NSE trade higher amid positive global trends
Mumbai: Equity benchmarks began the trade on a positive note on Thursday, bouncing back from previous session's decline, amid firm global market trends. The 30-share BSE benchmark Sensex climbed by 397.14 points to 61,464.38 in early trade. The broader NSE Nifty advanced by 119.65 points to 18,318.75.
The BSE benchmark tumbled by 635.05 points or 1.03 percent to settle at 61,067.24 on December 21. The Nifty declined by 186.20 points or 1.01 percent to end at 18,199.10. Foreign institutional investors (FIIs) offloaded shares worth Rs 1,119.11 crore on December 21, according to exchange data.
Position of various stocks listed in BSE
From the Sensex pack, Sun Pharma, HCL Technologies, Infosys, Bharti Airtel, Kotak Mahindra Bank, Wipro, Bajaj Finance, ITC and UltraTech Cement were the major winners.
IndusInd Bank, Tata Motors, Bajaj Finserv, Axis Bank, Tata Steel, Larsen & Toubro, Mahindra & Mahindra, NTPC and State Bank of India were among the laggards.
Performance of markets worldwide
In Asia, equity markets in Seoul, Tokyo Shanghai and Hong Kong were trading in the green.
The US markets had ended higher on December 21.
"Investors need to be careful of the sharp intra-day volatility seen in the last few sessions due to growing uncertainty over rising COVID cases in China and recessionary fears in key economies," said Prashanth Tapse – Research Analyst, Senior VP (Research), Mehta Equities Ltd.
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