ADD ANI AS A TRUSTED SOURCE
googleads
ANI Logo
Menu
Business

Sensex surges 477 points; IT, pharma stocks climb

Mumbai [India], December 28 (ANI): The Indian equities markets benchmark indices climbed nearly one per cent on Tuesday on the back of strong buying support in IT, pharma, power and auto stocks.

ANI Dec 28, 2021 16:12 IST googleads

Representative Image

Mumbai [India], December 28 (ANI): The Indian equities markets benchmark indices climbed nearly one per cent on Tuesday on the back of strong buying support in IT, pharma, power and auto stocks.
Asian Paints and Sun Pharma surged nearly 3 per cent. There was strong buying support in IT stocks. Tech Mahindra, HCL Technologies and Infosys surged more than one per cent.
The 30 stock S&P Sensex of the Bombay Stock Exchange ended the day at 57,897.48 points, 0.83 per cent or 477.24 points higher from its previous day's close at 57,420.24 points.
Earlier the Sensex opened in the positive at 57,751.21 points and climbed to a high of 57,952.48 points and low of 57,650.29 points in the intra-day.
The broader Nifty 50 of the National Stock Exchange closed 0.86 per cent or 147 points higher at 17,233.25 points. The Nifty 50 started the day sharply higher at 17,177.60 points and surged to a high of 17,250.25 points in the intra-day.
There was across-the-board buying support. Only two of the 30 scrips that are part of the Sensex closed in the red.
Asian Paints surged 2.85 per cent to Rs.3367.15. Sun Pharma climbed 2.59 per cent to Rs.815. Mahindra & Mahindra surged 2.53 per cent to Rs.839. UltraTech Cement 2.16 per cent higher at Rs.7410; Titan 2.05 per cent higher at Rs.2378.65; NTPC 1.89 per cent higher at Rs.124.15; Larsen & Toubro 1.78 per cent higher at Rs.1899.40 and Reliance Industries 1.18 per cent higher at Rs.2397.70 were among the major Sensex gainers.
IT stocks closed with decent gains. Tech Mahindra jumped 1.20 per cent to Rs.1806.25. Infosys rose 1.14 per cent to Rs.1887.45; HCL Technologies jumped 1.13 per cent to Rs.1281 and TCS closed 0.32 per cent higher at Rs.3707.30.
Only two of the 30 stocks that are part of the Sensex closed in the red. IndusInd Bank closed 0.29 per cent down at Rs.852.70 and Power Grid Corporation closed 0.22 per cent down at Rs.205.60. (ANI)

Get the App

What to Read Next

Business

India market "relatively resilient" compared to its Asian peers

India market

The deepening conflict in West Asia has placed the Indian economy and the broader Asian region in the "eye of the storm," as supply chain disruptions and surging energy costs threaten to trigger a significant negative growth shock.

Read More
Business

Adani Foundation to connect 10 lakh women nationwide

Adani Foundation to connect 10 lakh women nationwide

The Adani Foundation, today, declared that in the next one year, it will connect one lakh women in Maharashtra with the Swabhimaan initiative. For the future, Adani Foundation has announced to connect 10 lakh women in India with the same initiative and make them strong.

Read More
Business

Nandita Desai Unveils a Unique Painting Exhibition on Vintage

Nandita Desai Unveils a Unique Painting Exhibition on Vintage

New Delhi [India], March 12: There is something quietly powerful about a window... It neither confines nor escapes. It simply allows us to look, to pause, to breathe between inner and outer worlds. In The Painted Window, multi-award-winning contemporary artist Nandita Desai turns this everyday architectural element into the soul of her fifth solo exhibition, transforming vintage and handcrafted windows into luminous works of art. Running from 16th to 21st March 2026 at the Kamalnayan Bajaj Art Gallery, Nariman Point, Mumbai, the exhibition brings together 50 artworks - windows that look outward at the world, and inward at memory and quiet reflection.

Read More
Business

Delhi expected to witness significant rise in electricity demand

Delhi expected to witness significant rise in electricity demand

Delhi is expected to witness another significant rise in electricity demand this summer. According to the State Load Despatch Centre (SLDC), last year, Delhi's peak power demand had clocked 8442 MW. This year, it is likely to cross 9000 MW. The expected peak of over 9000 MW represents an increase of over 300 per cent compared to the 2879 MW recorded in 2002. Current trends suggest that Delhi's peak power demand is likely to cross the 10,000 MW mark by 2028-2029.

Read More
Business

Bajaj General Insurance Releases Guide to Lowering Car Insurance

Bajaj General Insurance Releases Guide to Lowering Car Insurance

Pune (Maharashtra) [India], March 12: Car insurance renewal is often seen as a routine administrative task, but it is much more than that. It presents an excellent opportunity to review your existing policy, assess whether your coverage still matches your needs, and take steps to optimise your premium. By understanding the key factors that influence car insurance costs, such as vehicle value, driving history, add-ons, and usage patterns, you can make informed adjustments that reduce expenses without compromising protection. Thoughtful planning and small, strategic choices at renewal can help you save money, maintain comprehensive coverage, and enjoy greater peace of mind on the road.

Read More
Business

West Asia conflict continues to weigh down India's stock indices

West Asia conflict continues to weigh down India's stock indices

Indian stock markets settled in the red on Thursday as escalating tensions in West Asia and again a sharp rise in crude oil prices weighed on investor sentiment.

Read More
Business

Bridging the Tech Divide: How SSGSERV is Redefining White-Label

Bridging the Tech Divide: How SSGSERV is Redefining White-Label

New Delhi [India], March 12: In today's digital economy, enterprises depend heavily on uninterrupted technology infrastructure. As global SaaS platforms and OEM technology providers expand across markets, maintaining reliable customer and technical support has become a growing challenge. Companies are no longer looking for basic call center services but for specialized partners who can manage complex IT environments while maintaining speed, quality and brand consistency.

Read More
Business

Authenticity, Adaptability, and the Future of Brand Communication

Authenticity, Adaptability, and the Future of Brand Communication

New Delhi [India], March 12: The essence of communication in an industry that is constantly evolving is surprisingly timeless. Whether it is about building a brand, creating trust, or navigating disruption, clarity of thought and authenticity of action remain fundamental. With rapid shifts in technology, evolving consumer expectations, and changing regulatory environments, today's business leaders are no longer just marketers or communicators. They are storytellers, strategists, and guardians of credibility. The true measure of sustainable brand growth lies in the ability to remain creative yet accountable, while imagining ideas that create meaningful impact.

Read More
Business

Gajra Group Launches AI Homes in Mumbai

Gajra Group Launches AI Homes in Mumbai

Mumbai (Maharashtra) [India], March 12: Signalling a strategic shift in how residential housing is planned for the future, Gajra Group has announced an investment of ₹300 crore to develop what it describes as First Automated Intelligent Homes (Ai Homes) with an estimated gross development value (GDV) of ₹5,00 crore.

Read More
Business

Sanatan Premier League to Be Held on March 12 at 7:30 PM

Sanatan Premier League to Be Held on March 12 at 7:30 PM

Ujjain (Madhya Pradesh) [India], March 12: Renowned preacher of Sanatan Dharma, Pujya Shri Devkinandan Thakur Ji Maharaj, visited the sacred Shri Mahakaleshwar Temple today to seek the blessings of Lord Mahakal. During his visit, he offered special prayers for the success of the upcoming Sanatan Premier League (SPL) and for the bright future of all the players participating in it.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.