Opening Bell: Sensex, Nifty Rise Marginally In Volatile Trade

In the broader market, the BSE Midcap and Smallcap indices were also in green and were up 0.4 and 0.6 per cent, respectively

Maruti was the top gainer in the Sensex pack, rising 1.62 per cent, followed by SBI, M&M, ICICI Bank, Bajaj Finserv, HDFC, Infosys, and HDFC Bank. Image: Getty

New Delhi: Key Indian equity benchmark indices started trading on a positive note on Monday amid mixed global cues.

The BSE Sensex climbed over 120 points in opening trade on Monday, tracking gains in index-heavyweights ICICI Bank, HDFC twins, and Infosys amid mixed cues from the Asian markets.

Amid high volatility at 10 am, the Sensex was 7 points up at 61,230, while the Nifty advanced 14 points to 18,270.

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At 10.15 a.m., Sensex traded at 61,288 points, up 0.1 per cent from the previous close of 61,223 points. It opened at 61,219 points. #Nifty50 traded at 18,280 points, up 0.1 per cent from the previous close of 18,255 points. It opened at 18,233 points.

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- IANS (@IANS) 17 Jan 2022

Maruti was the top gainer in the Sensex pack, rising 1.62 per cent, followed by SBI, M&M, ICICI Bank, Bajaj Finserv, HDFC, Infosys, and HDFC Bank.

On the other hand, HCL Tech, UltraTech Cement, Tech Mahindra, Titan, and Wipro were among the laggards.

In the previous session, the 30-share BSE index ended 12.27 points or 0.02 per cent lower at 61,223.03. Similarly, the NSE Nifty slipped 2.05 points or 0.01 per cent to 18,255.75.

In the broader market, the BSE Midcap and Smallcap indices were also in green and were up 0.4 and 0.6 per cent, respectively.

Elsewhere in Asia, bourses in Shanghai and Tokyo were trading with gains in mid-session deals, while Hong Kong and Seoul were in the red.

Asian share markets were choppy as a slew of Chinese economic data confirmed the deadening effect of Covid restrictions on consumer spending, prompting Beijing to again ease monetary policy.

Stock exchanges in the US ended on a mixed note on Friday.

Meanwhile, international oil benchmark Brent crude rose 0.08 per cent to $86.13 per barrel.

Foreign institutional investors (FIIs) were net sellers in the capital market, as they sold shares worth Rs 1,598.20 crore on Friday, according to stock exchange data.