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Home » MARKET LIVE: Sensex up 300 pts, Nifty below 15,900; defensives weaken
Finances

MARKET LIVE: Sensex up 300 pts, Nifty below 15,900; defensives weaken

Business Circle TeamBy Business Circle TeamMay 16, 2022No Comments1 Min Read
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: The important thing benchmark indices have been firmly greater in Monday’s early commerce amid broad-based shopping for. 

The BSE Sensex rose 500 factors to 53,300 and the NSE Nifty50 was above 15,900, up 150 factors. Reliance, ICICI Financial institution, HDFC twins and SBI have been main the upmove.

The broader markets have been additionally optimistic. The BSE MidCap and SmallCap indices have been as much as 1 per cent greater.

Sectorally, Metals, Auto, Realty, Power and PSBs gained essentially the most on Nifty, up 1-2 per cent. On the flip aspect, Pharma, FMCG and IT pockets have been weak.

Shares of Ambuja Cement and ACC rallied as much as 6 per cent on the BSE after the Adani Group introduced the acquisition of Swiss cement main Holcim’s stake in all its Indian working entities for $10.5 billion (round Rs 81,361 crore), together with the open affords. Learn extra





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