A purchasing movement was seen in the metals, IT and 11 of the 15 Nifty sectors indices, which all closed in the green.
The S&P BSE Sensex and NSE Nifty50 Indian leading indices started the week strongly, snapping a three-day losing run. The broader market Nifty50 closed at 17,956.60, up 98.40 points or 0.55 percent, while the Sensex ended at 60,261.18, up 303 points or 0.51 percent. Nifty Bank, a banking index, closed at 42,371.25, up 289 points or 0.69 percent.
A purchasing movement was seen in the metals, IT and 11 of the 15 Nifty sectors indices, which all closed in the green. Nifty PSU Bank (+1.35 per cent), Nifty Metal (+1.27 per cent) and Nifty IT (+0.74 per cent) were the three best-performing indices. Nifty Consumer Durables had the worst performances (-1.03 per cent). Both the Nifty Pharma and Nifty FMCG sectors experienced slight declines.
Below is a table of the upcoming corporate actions in the month of January: –
|Company Name||Bonus||Bonus Date|
|KPI Green Energy||1:1||18-01-2023|
|Company Name||Rights Issue|
|Indowind Energy||2 shares for every 5 shares held @ Rs 12|
|Aarti Surfactants||2 shares for every 17 shares held @ Rs 555|
|Markoliness Pavement Technologies||5 shares for every 32 shares held @ Rs 167|