Sensex Surges 814 Points, Nifty Settles Near 17,350; Tech Mahindra, Tata Motors, Wipro Among Top Gainers
NDTV
The Indian equity benchmarks rallied on Monday led by buying in all sectors with the Union Budget 2022-23 presentation in focus.
New Delhi: The Indian equity benchmarks rallied on Monday led by buying in all sectors with the Union Budget 2022-23 presentation in focus. The 30-share BSE Sensex surged 814 points or 1.42 per cent to settle at 58,014; while the broader NSE Nifty moved 238 points or 1.39 per cent to close at 17,340. Finance Minister Nirmala Sitharaman will present the Budget on February 1.
Mid- and small-cap shares finished on a positive note as Nifty Midcap 100 index jumped 1.57 per cent and small-cap shares moved 1.13 per cent higher.
All sector gauges -- compiled by the National Stock Exchange -- settled in green. Nifty PSU Bank and Nifty IT outperformed the index by rising as much as 2.94 per cent and 2.87 per cent, respectively.
On the stock-specific front, Tech Mahindra was the top Nifty gainer as the stock surged 5.13 per cent to Rs 1,482.95. Tata Motors, Wipro, BPCL and Bajaj Finserv were also among the gainers. In contrast, IndusInd Bank, Kotak Mahindra Bank, Coal India, UPL and Hindustan Unilever were among the losers.
