Sensex Reclaims 58,000, Nifty Crosses 17,300 On Last Session Of 2021; Reliance, Titan Gain
NDTV
Sensex, Nifty Updates: The benchmark S&P Sensex reclaimed the 58,000 mark, opening higher by over 300 points, while the Nifty 50 topped 17,300, up by 99 points.
The Indian equity benchmarks opened on a positive note on the last session of calendar year 2021, led by gains in heavyweights such as Reliance Industries, Titan Company. The benchmark S&P Sensex reclaimed the 58,000 mark, opening higher by over 300 points, while the Nifty 50 topped 17,300, up by 99 points.
Reliance Industries, Hindalco, Titan Company, Axis Bank were among the top gainers in early trade. On the flipside, NTPC, IndusInd Bank, ONGC were among the top losers on the NSE. Mid- and small-cap shares traded on a positive note as Nifty Midcap 100 index was up 0.82 per cent and the Nifty Smallcap 100 index rose 1.04 per cent.
Asian shares were trading mixed Friday. MSCI's broadest index of Asia-Pacific shares outside Japan is up over 0.6 percent. Japan's Nikkei index closed 0.4 percent lower on Thursday and remained closed for trading Friday. Chinese blue chips were up 0.4 per cent.
Global stock markets reversed gains after a day-long rally on Thursday even as fresh US economic data indicated that a recent uptick of Omicron COVID-19 variant-related infections has not yet led to a surge in layoffs.