Equity indices traded sideways with small gains in mid-morning trade. The Nifty hovered a tad below 14,200 mark. At 11:28 IST, the barometer index, the S&P BSE Sensex, was up 115.70 points or 0.24% at 48,289.66. The Nifty 50 index gained 43.85 points or 0.31% at 14,190.05.
In the broader market, the S&P BSE Mid-Cap index was up 1.02% while the S&P BSE Small-Cap rallied 1.08%. Both indices outperformed the benchmark indices.
The market breadth was strong. On the BSE, 1900 shares rose and 867 shares fell. A total of 149 shares were unchanged.
COVID-19 Update:
Total COVID-19 confirmed cases worldwide stood at 87,156,972 with 18,82,051 deaths. India reported 2,28,083 active cases of COVID-19 infection and 1,50,336 deaths while 1,00,16,859 patients have been discharged, according to the data from the Ministry of Health and Family Welfare, Government of India.
Dixon Technologies shares have rallied nearly 9 times from its IPO price of Rs 1,766
Shares of electronic goods maker - Dixon Technologies - rose as much as 5.2 per cent to hit another record high of Rs 15,214.20 on the BSE after the company, post market hours on Wednesday, said that it signed an agreement with Imagine Marketing, the maker of popular boAt wearable gadgets for manufacturing of twin wireless speakers. On the National Stock Exchange, Dixon Technologies shares rose as much as 5.35 per cent to hit a record high of 15,218.95. Dixon Technologies (India) Limited and boAt have entered into agreement for manufacturing of twin wireless speakers. Dixon shall be manufacturing the said products from its manufacturing facility located at Noida, Uttar Pradesh, the Noida-based company said in a press release.
Sensex, Nifty Fall For Second Straight Session; IT, FMCG Shares Worst Hit Eight of 11 sector gauges compiled by the National Stock Exchange ended higher led by the Nifty Metal index s nearly 4 per cent gain
Updated: January 07, 2021 3:38 pm IST
The S&P BSE Sensex and NSE Nifty 50 indexes ended marginally lower on Thursday as losses in IT, FMCG and pharma shares outweighed gains in metal and real estate shares. The benchmarks staged a gap up opening and traded firmly higher for most part of the day. However, weakness in heavyweights like Infosys, Hindustan Unilever, ICICI Bank, Kotak Mahindra Bank, Tata Consultancy Services and ITC led to Sensex falling over 500 points from the day s highest level and Nifty 50 index touched an intraday low of 14,134.05 after hitting an intraday high of 14,256.25.