Top Business Updates January 13: Sensex and Nifty gain over 250 and 70 points to reach fresh lifetime high
New Delhi | Jagran Business Desk: At Jagran English, we ensure you receive the latest financial news from around the world with key updates from equity markets, changes in fuel prices and chnage in price of key metals. Here we provide you a complete coverage of domestic equities-- Sensex and Nifty and how the global markets, data release and shares affect their growth. We will also keep an eye of rising petrol and diesel prices.
Today, our main focus is on Sensex and Nifty that gained over 300 and 98 points led by gains in IT and banking stocks amid easing geopolitical tensions. The Nifty had surged an all-time high at 12,308 points. On Monday, the market is likely to get affected as tensions surged after US dropped bombs at an Iranian air base with US troops as hostage.
Here's how the markets fared today:
Sensex jumped 259.97 pts to end at fresh lifetime high of 41,859; Nifty rises 72.75 pts to record 12,329 following rise in Asian peers coupled with growth in India’s industrial production data. After contracting for three consecutive months, IIP grew at 1.8 per cent in November.
As many as 29 stocks in the Sensex pack were trading higher, with Infosys, Tata Steel, IndusInd Bank, and Sun Pharma gaining up to 4 per cent.
Here's how the markets opened today:
At 9.25 am, the benchmark Sensex opened 293 points high at 41,893 while Nifty 50 added 80 points at 12,337 points.
Fuel prices remained stable on Monday as Petrol fell 4 paise while Nifty shed 1 paise per litre. The overall prices have gone up by 21 and 44 paise respectively.
Petrol per Litre
Rs 75.84 in Delhi, Rs 78.44 in Kolkata, Rs 81.44 in Mumbai, Rs 78.82 in Chennai
Diesel per Litre
Rs 69.12 in Delhi, Rs 71.48 in Kolkata, Rs 72.48 in Mumbai, Rs 73.04 in Chennai
Meanwhile, Silver slipped 0.35 per cent.
Silver: Rs 46,747 per kg
Gold: Rs 39,871 per 10 grams
Posted By: James Kuanal