TIWN
New Delhi, Jan 3 (TIWN) The Indian equity indices -- S&P BSE Sensex and NSE Nifty50 -- continued their gaining streak from 2021 and settled high on Monday, the first trading session of 2022.
During the session, barring Nifty healthcare and pharma, all sectoral indices traded in the green, while banking and auto stocks rose the most, NSE data showed. Among the stocks, Coal India, Eicher Motors, Bajaj Finance, Tata Steel and ICICI Bank were some of the top gainers, rising 6.4 per cent, 4.7 per cent, 3.6 per cent, 3.5 per cent and 3.4 per cent, respectively. On the other hand, Cipla, Dr Reddy’s, Mahindra and Mahindra, Divi’s Labs and Tech Mahindra shares declined the most. These stocks fell 1.3 per cent, 1.0 per cent, 0.8 per cent, 0.6 per cent, and 0.4 per cent, respectively, during the session. “Domestic bourses kicked off the New Year on a strong footing supported by banking, auto and IT stocks, following positive cues from global markets. Auto stocks were in focus today as investors digested the mixed auto sales numbers amid the ongoing chip shortage,” said Vinod Nair, Head of Research at Geojit Financial Services.
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