Sensex, Nifty trade higher on positive global cues today

Updated: Aug 22nd, 2024

Source: IANS

Indian equity indices opened in the green today following positive cues from US markets. 

At 9.44 am, Sensex was up 194 points or 0.24% at 81,099 and Nifty was up 60 points or 0.24% at 24,830.

The market trend remains positive. On the National Stock Exchange (NSE), 1,730 shares were in green and 423 shares in the red.

In early trade, Buying was being seen in IT and FMCG stocks. The Nifty IT index was up by 0.42% and the Nifty FMCG index was up by 0.48%.

On the NSE indices, PSU Bank, FMCG, metal and media were other major gainers. Auto, pharma, realty and energy were trading under pressure.

The Nifty Midcap 100 index was at 58,715, up 279 points or 0.48%, and the Nifty Smallcap 100 index was at 19,141, up 75 points or 0.40%.

In the Sensex pack, Infosys, Bharti Airtel, Tech Mahindra, IndusInd Bank, HUL, HDFC Bank and SBI were the top gainers. Power Grid, M&M, Tata Motors, NTPC, TCS and Axis Bank were the top losers.

Mixed trading is taking place in Asian markets. The markets of Tokyo and Hong Kong are bullish. the markets of Shanghai, Jakarta and Seoul are in the red. The US markets closed with gains on Aug 21.

The foreign institutional investors (FIIs) sold equities worth ₹799 crore on Aug 21, while domestic institutional investors bought equities worth  ₹3,097 crore on the same day.

(This story was taken from a syndicated feed, and edited only for style by Gujarat Samachar Digital staff)

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