- Title: Indian shares rise on metals, IT boost; Tega Industries soars in debut
- Date: 13th December 2021
- Summary: MUMBAI, MAHARASHTRA, INDIA (DECEMBER 13, 2021) (ANI - No use India) VARIOUS OF BOMBAY STOCK EXCHANGE (BSE) BUILDING TICKER SHOWING STOCK MOVEMENT PEOPLE OUTSIDE BSE (SOUNDBITE) (English) STOCK MARKET EXPERT, SUNIL SHAH, SAYING: "Today, market has opened with a bang, Sensex is up by 350 points and the bulk of the heavy-lifting has been done by banking, auto, and metal stock
- Embargoed: 27th December 2021 07:45
- Keywords: BSE Bank Bombay Stock Exchange IT India Mumbai Nifty sensex share market stocks
- Location: MUMBAI, MAHARASHTRA, INDIA
- City: MUMBAI, MAHARASHTRA, INDIA
- Country: India
- Topics: Asia / Pacific,Economic Events
- Reuters ID: LVA001F7VEBF3
- Aspect Ratio: 16:9
- Story Text: Indian shares scaled three-week highs on Monday (December 13), helped by IT, metals and energy stocks, with sentiment also aided by global markets pushing ahead on hopes COVID-19 vaccines would limit the economic hit from the Omicron variant.
The blue-chip NSE Nifty 50 index gained 0.69% to 17,631.70 by 0430 GMT, while the benchmark S&P BSE Sensex rose 0.66% to 59,169.60. Both indexes touched their highest since Nov. 22, with the Sensex reclaiming its 59,000 level for the first time since Nov. 18.
Metals stocks were also underpinned by a bounceback in benchmark iron ore futures after China said it would focus on economic stability next year.
Asian stocks pushed ahead with investors confident markets can weather outcomes from a host of central bank meetings this week. - Copyright Holder: ANI (India)
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