MARKET LIVE: Sensex, Nifty Open Flat; Auto, IT Stocks Gain, RIL Down 1%

June 15, 2022
MARKET LIVE: Sensex, Nifty Open Flat; Auto, IT Stocks Gain, RIL Down 1%

The markets opened flat on Wednesday tracking mixed global cues ahead of the US Fed policy outcome later tonight.

The BSE Sensex rose 60 points to 52,743, while the NSE Nifty was at 15,754, higher by 22 points.

Tata Steel, Bajaj twins, M&M, Wipro, Asian Paints, IndusInd Bank, SBI, and Maruti were the top gainers on the 30-share Sensex. Tata Motors, Grasim, and Apollo Hospitals were the additional winners on the Nifty.

HUL, Reliance, Bharti Airtel, HDFC twins, Nestle, BPCL, Britannia, and Titan, meanwhile, were the top losers on the two frontline indices.

In the broader markets, the BSE MidCap and SmallCap indices, however, opened in the positive territory, rising to 0.6 percent.

Sectorally, Nifty Media, and Auto indices led gains, rising to 1 percent. Nifty IT and pharma were other gainers. While Nifty metals shed a percent. FMCG and oil & gas pockets were also subdued.

Among stocks, Shriram City Union Finance gained 1 percent. The company plans to raise Rs 300 crore via debt securities on a private placement basis.

TV18 broadcast also rose over a percent after Viacom 18 bagged the digital rights for IPL.

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