Sensex rises over 400 points, Nifty crosses 17,900

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Benchmark indices opened higher today amid mixed global cues. Sensex rose 463 points to 60,207 and Nifty gained 125 points to 17,938.

ICICI Bank, TCS, Maruti and HDFC Bank were the top Sensex gainers, rising up to 1.76%.

Wipro share  was the top Sensex loser, falling 1.87 per cent, followed by Nestle and HCL Tech. Of the 30 Sensex shares, 27 were trading higher.

Market cap of BSE-listed firms rose to Rs 274.01 lakh crore today. BSE mid-cap and small-cap indices gained 130 points and 250 points, respectively.

The rising number of Covid-19 and Omicron cases in India and the world will dictate the course of the stock market this year, say experts.

Benchmark indices closed higher on Friday, led by gains in Reliance Industries, TCS and ICICI Bank amid a mixed trend in global markets. Sensex ended 142.81 points higher at 59,744.65 and Nifty rose 66.80 points to close at 17,812.

Asian Paints was the top Sensex gainer rising 1.79% followed by TCS, Nestle India, Ultratech Cement, ICICI Bank and Reliance Industries.

Bajaj Finserv, M&M, Bajaj Finance, HDFC and Titan were among top Sensex losers, falling up to 1.39%.

Foreign institutional investors (FIIs) bought shares worth Rs 496.27 crore on January 7, and domestic institutional investors (DIIs) sold shares worth Rs 115 crore, as per provisional data available on NSE.

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