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Markets move up to cheer new year. Banks move up.

Markets have seen good rally to welcome the new year. The Sensex has moved up by over 150 points while the Nifty has seen a surge of 45 points.

The rupee has opened up flat in the early trade at 61.90 versus the US dollar.

The CNX Nifty is at 6,346.40, up by 44.75 points (+0.71%). The BSE Sensex is at 21,299.47, up by 158.99 points or +0.75%.

Banks and financials have been the top supporting stocks for the higher Nifty. HDFC is among the major gainers with 1.6 surge. Axis Bank has surged up by 1%. ICICI Bank and HDFC Bank have also moved up by 1%. PNB has gained more than 1.4% to trade at 643.

Oil & Gas majors ONGC and Reliance have also seen good gains in today’s trade. ONGC is up by 1%, while RIL has gained 0.7%.


 

 

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