Markets end the day in green with Nifty above 18,100

9 Jan 2023 , 03:30 PM

Domestic equities closed higher with the Nifty closed 1.3% higher. The market opened higher taking positive global cues, ahead of strong IT result expectations. The BSE Sensex jumped 850 points or 1.41 per cent to close at 61,747, while the Nifty settled 241 points or 1.35 per cent higher at 18,101.

The broader market outperformed the main indices. All sectoral indices were closed higher except Nifty Consumer Goods, Nifty IT gained 2.8% followed by Metal (1.45%) and Nifty Oil & Gas (1.4%).

Mahindra & Mahindra was the top Nifty gainer as the stock zoomed 3.5% to Rs1,310.10. SBI Life, IndusInd Bank, TCS, HCL Tech were also among the gainers. Whereas, Titan, Bajaj Finserv, Grasim, Bajaj Auto and HDFC Life were among the laggards.

On the earning front, IT index outperformed by heavyweights TCS, Wipro and Infosys will kick start the third-quarter (Q3) numbers.

About 1986 shares have advanced, 1542 shares declined, and 155 shares are unchanged.

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