The January series was greeted with a smile as the Indian equity market ended with some gains. The NSE Nifty closed above the 6300 mark convincingly while the BSE Sensex stayed put above the 21000 mark.
Today’s smooth run was led by the IT and the telecom stocks accompanied by the pharma, FMCG and the banking stocks. Even the mid-cap and the small-cap stocks continued to remain in demand.
However, the oil and gas, auto and the power stocks were among the top losers.
On the currency front, the Indian rupee slightly strengthened against the US Dollar. The Indian unit was trading around the Rs. 61.90 compared with previous close of Rs 62.16 per dollar.
Finally, BSE Sensex closed at 21,190 up 115 points over the previous close, while NSE Nifty closed at 6,316 up 37 points over the previous close.
Today’s smooth run was led by the IT and the telecom stocks accompanied by the pharma, FMCG and the banking stocks. Even the mid-cap and the small-cap stocks continued to remain in demand.
However, the oil and gas, auto and the power stocks were among the top losers.
On the currency front, the Indian rupee slightly strengthened against the US Dollar. The Indian unit was trading around the Rs. 61.90 compared with previous close of Rs 62.16 per dollar.
Finally, BSE Sensex closed at 21,190 up 115 points over the previous close, while NSE Nifty closed at 6,316 up 37 points over the previous close.
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