Mumbai, 16 January. Indian stock market started with a rise today. Both the major benchmark indices Sensex and Nifty opened on a positive note in today’s session. BSE Sensex rose 343.44 points to 83,726.15 in early trade and NSE Nifty rose 77.65 points to 25,743.25. Infosys became the top gainer of Nifty. After the company increased its guidance, there was a strong rise in IT shares. At the same time, after the results of Angel One and 360 One, strength was also recorded in capital market stocks.
Infosys shares rose more than 4% after the company announced its results. Among the 30 companies included in the Sensex, the shares of Infosys, a major company in the IT services sector, rose by about five percent. Shares of Tech Mahindra, Mahindra & Mahindra, Kotak Mahindra Bank, Larsen & Toubro and HCL Tech also gained momentum. Whereas shares of Eternal, Bharti Airtel, Bharat Electronics and UltraTech Cement remained in loss.
Stock markets were closed on Thursday in view of the Brihanmumbai Municipal Corporation (BMC) election holiday in Mumbai. The price of international standard Brent crude fell by 0.24 percent to $ 63.61 per barrel. According to stock market data, foreign institutional investors (FIIs) were sellers on Wednesday and sold shares worth a net Rs 4,781.24 crore.
Asian market
Asian markets showed a mixed trend on Friday. In Japan, the Nikkei 225 and the broader Topix index both slipped 0.41% and 0.42%, respectively. South Korean markets were also divided, with the Kospi rising 0.3% while the smaller Kosdaq slipped 0.21%. In Australia, the S&P/ASX 200 was trading higher with a gain of 0.22%.
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