Updated Mar 01, 2021 | 10:03 IST
Buying was visible across the sectors with banking shares gaining the most. Nifty Bank, the banking sub-index of NSE, was up 1.20%. Sensex today
New Delhi: The BSE Sensex and the Nifty opened sharply higher on Monday tracking gains in other Asian shares, which rallied as some semblance of calm returned to bond markets after last week’s wild ride, while progress in the huge U.S. stimulus package underpinned optimism about the global economy. As of 9:27 am, the Sensex was up 1.17% or 572 points at 49,672.14 while the 50-share Nifty rose over 150 points to regain the 14,700 mark.
Buying was visible across the sectors with banking shares gaining the most. Nifty Bank, the banking sub-index of NSE, was up 1.20%. Among Nifty stocks, Power Grid Corp was the top gainer, up 4.07% followed by ONGC and Ultratech cement, which gained 3.23% and 2.88% respectively. Hero MotoCorp, Grasim, Tech Mahindra, M&M, IOC, UPL, Divis Labs, I
The fall in Sensex and Nifty was in-line with other Asian shares, which fell after stocks on Wall Street tumbled due to a steep rise in benchmark US Treasury yields.
The fall in Sensex and Nifty was in-line with other Asian shares, which fell after stocks on Wall Street tumbled due to a steep rise in benchmark US Treasury yields.
Metal stocks outperformed other stocks in today s trading session. Nifty Metal, the metal sub-index of NSE rose 3.89%. Among Nifty stocks, Tata Steel was the top gainer, up 7.43%.
Among Nifty stocks, M&M was the top loser, down 4.6%. ITC, Axis Bank, SBI Life insurance, L&T, Dr Reddy s Lab were the other prominent losers in the Nifty.