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Stock market snaps losing run, Nifty slips below 25,700

New Delhi, Jan 16 (UNI) The Indian stock markets today snapped their two-day losing run, with BSE Sensex rising by 188 points, or 0.23 per cent, to 83,570.35 and the NSE Nifty increasing by 29 points, or 0.11 pc, to 25,694.35 on the back of brisk buying in IT and Banking sectors. Shares of IT heavyweights, including Infosys, TCS, and Tech Mahindra, were leading among the gainers. Among the sectors, Nifty IT index spiked 3.34 pc, Nifty Bank was up 0.86 pc and PSU Bank was up 1.16 pc.

Central India's Premier English Daily

Central India's Premier English Daily

Credit: Centralchronicle

Key Highlights

  • whereas the key ones on the losing end were Nifty Pharma (1.28 pc), Healthcare (1.15 pc), and Consumer Durables (1.11 pc).
  • On Nifty, the top gainers were Infosys up by 5.58 pc, followed by Tech Mahindra (by 5.26 pc), Wipro (by 2.54 pc), HCL Tech (by 2.41 pc) and TCS (by 2.34 pc).
  • Over 1,850 stocks advanced while over 2,350 declined on the BSE.
  • Around 84 stocks hit their 52-week highs while as many as 260 stocks hit their 52-week lows on the BSE.
  • Those on highs included SBI, Axis Bank and Tata Steel, while lows included ITC, Tube Investments of India and Dixon Technologies (India).
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Sources

  1. Stock market snaps losing run, Nifty slips below 25,700

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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