However, a depreciating rupee and unabated foreign fund outflows capped the gains, traders said. The 30-share BSE Sensex rallied 562.75 points or 0.94 per cent to settle at 60,655.72. The broader NSE Nifty climbed 158.45 points or 0.89 per cent to 18,053.30.
Larsen & Toubro topped the Sensex gainers chart with a jump of 3.51 per cent, followed by Hindustan Unilever, HDFC, HCL Technologies, HDFC Bank, and Reliance Industries. In contrast, SBI, Bajaj Finserv, IndusInd Bank, Wipro, Tata Steel, and Bajaj Finance were among the laggards, shedding up to 1.67 per cent.
The market breadth was in favour of the bulls, with 22 advances and 8 declines.
This story is from the January 18, 2023 edition of Business Standard.
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This story is from the January 18, 2023 edition of Business Standard.
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