Sensex, Nifty Trade Sharply Higher; NTPC, REL Surge

Sensex, Nifty Trade Sharply Higher; NTPC, REL SurgeThanks to continued buying across board, the benchmark indices Sensex and Nifty have gained significant ground in the positive terrain and look strong on course to close the week on a bright note today (Friday, January 16).

Oil & gas and power stocks were in limelight while realty stocks traded weak.

Secondline stocks traded on a flat note with positive bias. BSE Midcap gained 0.45%, while Smallcap index fell 0.06%.

Today, the 30-share index Sensex opened positively after gaining 78.91 points at 9,125.65, as against its last closure in which it lost 323.75 points (3.45%).

At 02:49 p.m., Sensex gained 233.49 points at 9,280.23 after hitting a high of 9,295.28 and a low of 9,125.65.

In the meantime, the broad based Nifty zoomed 80.75 points at 2,817.45 after touching a high of 2,820.20 and a low of 2,724.20.

The overall breadth of the market was mixed as it witnessed 1,183 advancements as compared to 1,155 declinations.

Major gainers in the 30-share index were NTPC (6.98%), Reliance Energy (5.83%), Reliance Industries (5.69%), Reliance Communications (4.79%), Bharti Airtel (4.38%), and Reliance Capital (3.35%).

On the other hand, the biggest losers in the Sensex were DLF (3.61%), Grasim Industries (1.54%), Tata Consultancy Services (1.37%), ACC (1.08%), Maruti Suzuki India (0.30%), and Wipro (0.28%).

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