Sensex and Nifty Record Marginal Gains in Morning Session

22 Dec 2023 , 09:57 AM

On Friday, domestic benchmark indices, Sensex and Nifty, posted marginal gains, following positive cues from global markets. Here are the key highlights:

Market Performance:

1. Sensex and Nifty: Sensex closed the day with a gain of 358.79 points, or 0.51%, at 70,865.10. Nifty gained 104.90 points, or 0.5%, closing at 21,255.05.
2. Sectoral Performance: Metal, pharma, and realty indices led the market charge, each posting a 1% gain.
3. Top Gainers: Adani Ports, Hindalco Industries, Tata Steel, Divis Lab, and Adani Enterprises emerged as major gainers on the Nifty.
4. Top Losers: Infosys, IndusInd Bank, HDFC Bank, UltraTech Cement, and TCS were among the notable losers.

Global Markets:

1. Asian Markets: Asian markets experienced positive momentum heading into the Christmas weekend, with Japan reporting November inflation numbers and its central bank releasing minutes of the October monetary policy meeting.

Investor Activity:

1. FIIs and DIIs: Foreign institutional investors (FIIs) net sold shares worth Rs 1,636.19 crore, while domestic institutional investors (DIIs) bought Rs 1,464.70 crore worth of stocks on December 21, as per provisional data from the National Stock Exchange (NSE).

F&O Ban List:

1. Addition: The NSE added Hindustan Copper to its F&O ban list for December 22.
2. Retained Stocks: Ashok Leyland, Balrampur Chini Mills, Delta Corp, India Cements, Manappuram Finance, RBL Bank, and SAIL were retained in the F&O ban list.
3. Removals: Indus Towers, National Aluminium Company, and Piramal Enterprises were removed from the F&O ban list.