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Markets open higher amid positive global cues: Sensex up 380 points, Nifty crosses 15,700-mark

09:23 AM Jul 22, 2021 | FPJ Web Desk

The markets opened higher in keeping with global cues. At 09:16 AM, the Sensex was up 380.66 points or 0.73 percent at 52579.17, and the Nifty was up 112.10 points or 0.72 percent at 15744.20. About 1.741 shares have advanced, 258 shares declined, and 79 shares are unchanged.

Bajaj Finance, Tata Steel, Bajaj Finserv, IndusInda Bank, ICICI Bank were major gainers while TCS, HCL Tech, Bajaj Auto, PowerGrid and Asian Paints were major losers.

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Asian markets up

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Shares in Asia-Pacific were higher in Thursday morning trade with markets in Japan closed for a holiday. Hong Kong's Hang Seng index was amongst the biggest gainers regionally, rising 1.19 percent in early trade. The Taiex in Taiwan also gained 1.01 percent.

Wall Street stock posted their second straight daily gain on Wednesday with robust corporate earnings and renewed optimism about the US economic recovery fueling a risk-on rally.

The Dow Jones Industrial Average rose 286.01 points or 0.83 percent to 34,798, the S&P 500 gained 35.63 points or 0.82 percent to 4,358.69 and the Nasdaq Composite added 133.08 points or 0.92 percent to 14,631.95.

Results today

Hindustan Unilever, UltraTech Cement, Bajaj Auto, Agro Tech Foods, Bajaj Holdings & Investment, Biocon, Can Fin HOmes, Chennai Petroleum Corporation, CSB Bank, Heidelbergcement India, Hindustan Zinc, ICICI Lombard General Insurance Company, Indian Energy Exchange, IIFL Securities, IndiaMart InterMESH, India Pesticides, Lloyds Steels Industries, Bank of Maharashtra, Mahindra EPC Irrigation, Mphasis, Persistent Systems, Music Broadcast, Shiva Cement, South Indian Bank, Sterlite Technologies, and Wockhardt.

Stocks under F&O ban on NSE

Six stocks--Cadila Healthcare, Canara Bank, Indiabulls Housing Finance, NALCO, NMDC, and Sun TV Network--are under the F&O ban for July 22. Securities in the ban period under the F&O segment include companies in which the security has crossed 95 percent of the market-wide position limit.

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