Benchmark Indices quoted higher on Tuesday and halted a three-day losing streak, tracking strength across global markets. Singapore Exchange (SGX) Nifty futures, which are an early indicator of the Nifty index, witnessed gains ahead of the opening bell on D-Street.
The BSE Sensex closed 578.51 points or 0.98% higher at 59719.70 points while the Nifty 50 closed 194.00 points or 1.10% higher at 17816.30 points.
Top Gainers
- Shree Renuka Sugars Ltd. (up 12.39%)
- Jubilant Pharmova Ltd. (up 11.58%)
- Advanced Enzyme Technologies Ltd. (up 9.71%)
- Metro Brands Ltd. (up 8.55%)
- Birla Corporation Ltd. (up 7.15%)
Top Losers
- Triveni Engineering & Industries Ltd. (down 7.81%)
- Brightcom Group Ltd. (down 4.98%)
- Can Fin Homes Ltd. (down 4.16%)
- Go Fashion (India) Ltd. (down 4.08%)
- Triveni Turbine Ltd. (down 3.96%)
Highlights
- Infosys joined hands with Telenor Norway to accelerate IT modernization 2) Hitendra Dave of HSBC India said that the RBI is likely to take a 50bps hike in its next meeting
- Cipla, Eicher Motors, IndusInd Bank, Bharti Airtel and Adani Ports reached a fresh 52-week high.
- The Centre may raise the purchase price of ethanol across all categories by up to ₹ 2 per litre for the 2022-23 season
- Nissan Joseph of Metro Brands said that the company is on track to open 260 stores over the next 3 years.
Written by Simran Bafna
Disclaimer
The content in this news article is not investment advice. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
