Markets Update: Sensex, Nifty50 each up over 1% on last day of 2021 – Metal stocks top gainers
The Sensex was up almost 600 points and the Nifty50 was inching towards the 17400-mark intraday on Friday.
On the last day of 2021, the Indian markets are trading on higher note, amid positive global cues. The Sensex was up almost 600 points and the Nifty50 was inching towards the 17400-mark intraday on Friday.
At around 13:10 pm, the Sensex was up over 581 points or 1.01 per cent to 58,375-mark, while Nifty50 was up 178.5 points or 1.04 per cent to 17,382- level intraday today. Outperforming the benchmarks, the broader markets are in the green too, with both mid and small-cap up almost 1.5 per cent intraday.
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Nifty Bank, one of the key contributors to the Nifty, the 12-share banking index was up almost 1.5 per cent or 500 points to trade above 35,558-mark, led by Kotak Mahindra Bank and HDFC Bank intraday.
Of 50 scrips on the Nifty, 43 are advancing and 7 are on a declining trend intraday. Metal heavyweights such as Hindalco gained most of all by over 5 per cent, followed by Titan and Ultratech Cement each up over 3 per cent, while Shree Cement, BPCL, Kotak Bank, Maruti are up over 2 per cent intraday.
On the other hand, NTPC has been the only stock down almost 2 per cent intraday in otherwise positive market. While Cipla, Tech Mahindra, Power Grid, Infosys, SBI are down marginally.
All sectoral indices are in the green, with Nifty Metal surging most of all by over 2 per cent, followed by Nifty Auto, FMCG, Bank, Financial, Pharma and IT indices. Similarly, Nifty Realty and Media soared intraday, contributing to the broader markets as each up by 1.5 and 1 per cent respectively.
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01:31 PM IST