Markets open on positive note: Sensex jumps over 100 points, Nifty above 15,800
Larsen and Tourbro, Infosys, HCL Tech, Tech Mahindra were major gainers while IndusInd Bank, ITC, Tata Steel, Bajaj Finserv were early losers.
The markets opened in the green on Thursday (July 15). The Sensex was up 108.60 points or 0.21 percent at 53,012.65, while the Nifty50 was up 30.75 points at 15,884.70.
Indices tracked gains in index majors L&T, HDFC Bank and HCL Tech amid a largely positive trend in global markets.
L&T was the top gainer in the Sensex pack, surging over 3 percent, followed by HCL Tech, Tech Mahindra, HDFC Bank, Dr Reddyâs and UltraTech Cement. On the other hand, M&M, Asian Paints, Maruti, ITC, Titan and Infosys were among the laggards.
How are blue chips doing
After opening in the red, benchmark indices fell further. At 9.37 am, BSE flagship Sensex was down 260 points or 0.49 per cent to 52,309. NSE benchmark Nifty fell 71 points or 0.45 per cent to 15,657.
In the 50-share pack Nifty, Tata Steel was the biggest gainer, up 1.64 per cent. JSW Steel, Dr Reddy’s Labs, Cipla, Divi’s Labs, Adani Ports, Sun Pharma and
Axis Bank was the top loser in the pack, down 1.37 per cent.
Eicher Motors, TCS, HDFC, ICICI Bank, Shree Cement, IndusInd Bank, HDFC Bank, Bajaj Auto and
Reliance Industries were other losers in the pack.
Factors driving markets
Sensex rallies 300 points on firm global cues; Nifty tops 15,800
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Last Updated: Jul 05, 2021, 09:47 AM IST
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Synopsis
Crude oil was holding around $75 per barrel on delay in agreement of the OPEC+. The US markets are gaining as the jobs data is signaling the strong economy. The markets are looking to hold around the same levels with the support at 15,600 and the resistance at 15,900, said an analyst.
Reuters
In the 50-share pack Nifty, Eicher Motors was the biggest gainer, up 1.58 per cent. Hindalco, Axis Bank, Power Grid, Bajaj Auto, TCS, HDFC Bank, Britannia and Asian Paints were among other gainers.
Related
Sensex And Nifty Are Off To A Shaky Start Due To Continued FII Outflows
According to provisional exchange statistics, foreign institutional investors (FIIs) were net sellers in the capital market on Thursday, offloading shares worth Rs 1,245.29 crore.
PTI 02 July 2021, Last Updated at 10:25 am Outlook/File Photo PTI 2021-07-02T10:18:19+05:30 Sensex And Nifty Are Off To A Shaky Start Due To Continued FII Outflows outlookindia.com 2021-07-02T10:25:09+05:30
Also read
Equity benchmarks Sensex and Nifty opened on a choppy note on Friday amid sustained foreign fund outflow and a mixed trend in Asian peers.
The 30-share BSE index started on a slightly positive note but soon turned negative to trade 46.89 points or 0.09 percent lower at 52,271.71 in early deals.
Sensex, Nifty start on weak note amid sustained FII outflow
Updated:
Updated:
July 02, 2021 09:59 IST
TCS was the top loser in the Sensex pack, shedding over 1 per cent, followed by Infosys, Tech Mahindra, HDFC Bank.
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A view of the BSE building in Mumbai. File
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Paul Noronha
TCS was the top loser in the Sensex pack, shedding over 1 per cent, followed by Infosys, Tech Mahindra, HDFC Bank. Equity benchmarks Sensex and Nifty opened on a choppy note on Friday, July 2, 2021 amid sustained foreign fund outflow and a mixed trend in Asian peers. The 30-share BSE index started on a slightly positive note, but soon turned negative to trade 46.89 points or 0.09 per cent lower at 52,271.71 in early deals.