Sensex Opens 20 Points Up, Nifty at 12258

Mumbai: Equity benchmark indices today open flat to a positive start. The Sensex was up 21.94 points or 0.05% at 41695.86, while the Nifty was down 0.80 points or 0.01% at 12258.90. Among major gainers on the Indices were Tata Motors, SBI, HCL Tech, Bharti Infratel, Hero MotoCorp, and Adani Ports, while Britannia Industries, Yes Bank, Sun Pharma, and HDFC Bank are losers. About 372 shares have advanced, 185 shares declined, while 31 shares remain unchanged.

Equity benchmark indices on Thursday, however, reversed early losses and hit fresh record highs in the afternoon session despite uncertainty in global markets after the US House of Representatives voted to impeach President Donald Trump for abuse of power. The BSE S&P Sensex closed 115 points higher at 41,674 while the Nifty 50 gained by 38 points at 12,260.

At the National Stock Exchange, Nifty auto was up by 1.03 per cent and IT by 0.65 per cent. Tata Group stocks shed early losses and traded in the positive zone, a day after the National Company Law Appellate Tribunal (NCLAT) reinstated Cyrus Mistry as the Executive Chairman of Tata Group. Tata Consultancy Services closed 2.9 per cent higher at Rs 2,231.70 per share while Tata Motors was up by 2.4 per cent and Tata Steel by 0.48 per cent.