Stock Market Today Live: Sensex jumps over 300 points, Nifty around 18,200; metal stocks lead rally – Zee Business

Stock Market Today LIVE: Sensex on Monday, January 2, rose 327.05 points to end at 61,167.79 while Nifty50 climbed 92.15 points to settle at 18,197.45. Tata Steel, Hindalco Industries, ONGC, Tata Motors and ICICI Bank were among the biggest Nifty gainers. The losers included Titan Company, Asian Paints, Divis Labs, Bajaj Auto and Hero MotoCorp.
On the sectoral front, the metal index added nearly 3 per cent and the realty index rose 1 per cent.
 
Sensex surged 327 points to 61,167 and Nifty settled above 18,200 on the first trading session of 2023.
Stock Market Live:  Gold above Rs 55,000 on MCX
 
Gold on Monday, January 2, traded above Rs 55,000-mark on Multi Commodity Exchange. At 2 PM, February Gold Futures quoted at Rs 55,110 per 10 grams, flat by Rs 93 or 0.17 per cent. Silver on the other hand, was near Rs 70,000 per kg on the MCX.
 
The Nifty Metal index gained over 2 per cent, led by Tata Steel, SAIL. 
 
Tata Motors registered total sales of 2,28,169 units in Q3FY23, grew by 14 per cent over the quarter. The company’s shares have risen 1.74 per cent to trade at Rs 394.85. 
Power trading solutions provider PTC India on Monday said its shareholders have approved a final dividend of Rs 5.80 per equity share for 2021-22. This final dividend is in addition to the interim dividend of Rs 2 per equity share, a company statement said.
Stock Market Today Live: Sanjiv Bhasin’s strategy
 
Veteran market expert and IIFL Securities director Sanjiv Bhasin on Monday, January 2, predicted that the Nifty50 won’t stop before 18,500 as he said that Indian markets are showing resilience. READ MORE
 
On the NSE Nifty index, Tata Steel, Hindalco, ONGC, ICICI Bank and Tata Motors are among top gainers. Bajaj Auto, Asian Paints, Hero MotoCorp, Cipla, and Divis Lab are among top laggards.
 
The Board of Punjab & Sind Bank approved raising Rs 250 crore within 12 months via the issue of equity shares and/or Basel III compliant bonds. The share price of the bank has dropped 3.41% in trade today.
 
The banking stocks index Bank Nifty jumped over 320 points to trade at 43,305 on Monday.
 
Rupee falls 5 paise to 82.66 against US dollar in early trade.

 
Sensex, Nifty started the first trading session of the year 2023 on a positive note. While Sensex gained 80 points, Nifty was above 18,100. 
 
Sensex rises around 30 points and  Nifty above 18,130 in the pre-open session.
 
The National Stock Exchange has not added any stock under its F&O ban list for 2 January.
 
Demand recovery in domestic and export markets along with market share gains. It will aid volume growth Aggressive E2W ramp-up plans to bode well for medium-term growth.
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