Indian Indices Close Higher, Nifty Above 21,600

19 Jan 2024 , 03:44 PM

On January 19, Indian benchmark indices concluded on a positive note, with Nifty surpassing the 21,600 mark. The Sensex closed with a gain of 496.37 points, up by 0.70%, at 71,683.23. Similarly, the Nifty surged by 160.10 points, or 0.75%, to reach 21,622.40.

Among the top gainers on the Nifty were ONGC, Bharti Airtel, NTPC, Tech Mahindra, and SBI Life Insurance. Conversely, IndusInd Bank, HDFC Bank, Kotak Mahindra Bank, and State Bank of India were among the top losers.

All the sectoral indices closed in the green, with auto, capital goods, information technology, FMCG, metal, oil & gas, and power recording gains of 1-2% each. The BSE Midcap and Smallcap indices also added 1% each.

The market breadth was positive, with 2,183 shares advancing, 1,043 declining, and 62 remaining unchanged. The overall positive sentiment reflected broad-based gains across various sectors, contributing to the upbeat closing figures.