Share Market: Nifty gives up 17,400, Sensex moves below 58,400; ICICI Bank, HDFC Bank among drags

Gallery

MORE...

Sports

India Open Competition in Shotgun begins in Jaipur, paving way for Nationals' qualification

India Open Competition in Shotgun, organised by the National Rifle Association of India (N

Hockey India names Amir Ali-led 20-man team for Junior Asia Cup

Harmanpreet Singh named FIH Player of the Year, PR Sreejesh gets best goalkeeper award

World Boxing medallist Gaurav Bidhuri to flag off 'Delhi Against Drugs' movement on Nov 17

U23 World Wrestling Championship: Chirag Chikkara wins gold as India end campaign with nine medals

FIFA president Infantino confirms at least 9 African teams for the 2026 World Cup

MORE...

Share Market: Nifty gives up 17,400, Sensex moves below 58,400; ICICI Bank, HDFC Bank among drags

Last Updated : 21 Sep 2021 11:41:26 AM IST

Share Market: Nifty gives up 17,400, Sensex moves below 58,400; ICICI Bank, HDFC Bank among drags

India's key stock indices rose during the morning trade session on Tuesday.

Accordingly, both key indices -- S&P BSE Sensex and NSE Nifty50 -- rose a day after a sell-off which was triggered due to weak Asian cues.

As per market observers, the up moves comes on the back of healthy buying support for Realty, Oil & gas, IT and FMCG stocks.

Sector wise, Auto, Consumer Durables and Utilities indices traded lower.

At around 10.45 a.m., S&P BSE Sensex traded at 58,568.67 points, higher by 77.74 points or 0.13 per cent from its previous close.

Similarly, NSE Nifty50 traded higher. It rose to 17,424.30 points, higher by 27.40 points or 0.16 per cent from its previous close.

"Nifty trades higher on Sept 21 on the back of steady Asian markets post the sell-off seen on Monday," said Deepak Jasani, Head of Retail Research, HDFC Securities.

"The Fed is due to deliver its latest economic and interest rate policy update on Wednesday."

According to Gaurav Garg, Head of Research, CapitalVia Global Research: "Investors have been pouring money into India's stock market, which could rise to more than $5 trillion and become the fifth largest in the world within years."

"More support can come as India has climbed two spots to 46 in the Global Innovation Index (GII) 2021. It further stated that Indian start-ups had raised $10 billion through initial public offerings (IPOs) so far this year."