Stock Market Updates: Sensex, Nifty Trade Higher Pre-opening – News18

Stock Market Update Today: On January 30, Indian stock indices commenced the day on a positive trajectory, with the Nifty surpassing the 21,750 mark. The Sensex exhibited a gain of 152.63 points, corresponding to a 0.21 percent increase, reaching 72,094.20.

Simultaneously, the Nifty observed an uptick of 61.20 points, translating to a 0.28 percent rise, reaching a level of 21,798.80. The market witnessed 1869 shares advancing, 522 shares declining, and 102 shares remaining unchanged.

Monday Market

Benchmark equity indices Sensex and Nifty rebounded sharply on Monday, surging nearly 2 per cent, buoyed by robust buying in Reliance Industries and a rally in Asian markets.

Also Read: Stocks To Watch On January 30: Reliance, ITC, GAIL, NTPC, Bajaj Finance & Others

The 30-share BSE Sensex jumped 1,240.90 points or 1.76 per cent to settle at 71,941.57.

During the day, it soared 1,309.55 points or 1.85 per cent to 72,010.22.

The Nifty climbed 385 points or 1.80 per cent to 21,737.60.

Investors’ Gain

Investors’ wealth climbed Rs 6 lakh crore on Monday, with the BSE Sensex rallying nearly 2 per cent, driven by heavy buying in Reliance Industries and a rally in Asian markets.

The market capitalisation of BSE-listed firms jumped Rs 6,08,556.11 crore to Rs 3,77,20,679.19 crore (USD 4.53 trillion).

Among the Sensex firms, Reliance Industries jumped nearly 7 per cent, contributing the most to the rally in markets.

Tata Motors, Power Grid, Larsen and Toubro, Kotak Mahindra Bank, NTPC, Titan and UltraTech Cement were the other major gainers.

ITC, Infosys, JSW Steel, Tech Mahindra and Tata Consultancy Services were the laggards.

In Asian markets, Seoul, Tokyo and Hong Kong settled in the positive territory while Shanghai ended lower.

In the broader market, the BSE midcap gauge climbed 1.68 per cent and smallcap index rallied 1.03 per cent.

Among the indices, energy jumped 5.29 per cent, oil & gas zoomed 4.94 per cent, power (3.03 per cent), services (2.82 per cent), capital goods (2.13 per cent), industrials (2.17 per cent) and consumer durables (1.93 per cent).

FMCG, IT and teck were the laggards.

A total of 2,266 stocks advanced while 1,654 declined and 141 remained unchanged.

(With PTI inputs)