Share/Stock Highlights: The benchmark equity indices on the BSE and National Stock Exchange (NSE) kicked off 2022 with a bang as they surged around 1.6 per cent on the first trading session of the year on Monday led by a rally in banking and financial stocks.
The S&P BSE Sensex rallied 929.40 points (1.60 per cent) to settle at 59,183.22 while the Nifty 50 rose 271.65 points (1.57 per cent) to end at 17,625.70.
On the Sensex pack, the gains were led by Bajaj twins comprising of Bajaj Finserv and Bajaj Finance, along with ICICI Bank, Tata Steel, IndusInd Bank, HDFC Bank, Axis Bank, State Bank of India (SBI), Tata Consultancy Services and Housing Development Finance Corporation (HDFC). On the other hand, Dr. Reddy’s Laboratories, Mahindra & Mahindra (M&M) and Tech Mahindra were among the top laggards.
(with inputs from agencies)