Domestic Indices rise amidst Global cues on New Year eve

Hopes of Corona Vaccine pushes Sensex up 429 points

Investors on Friday seemed to have taken a positive approach amidst strong Global cues on the last trading day of 2021 as domestic indices went upwards on BSE and NSE.

The 30-share Sensex rose 459.50 points or 0.80 per cent to close at 58,253.82 while its broader peer Nifty500 gained 150.10 points or 0.87 per cent to 17354.05 points. 

During 2021, Investors earned good returns on their investment with largecap benchmarks giving 21 to 23 per cent returns and second rung benchmarks delivering upto 60 per cent returns. India performed well compared to its global peers due to good economic recovery, vaccine coverage and great demand for Indian goods and services, experts said.

Among those which gained were BGR Energy Systems, Jubilant Industries, Select Energy Systems, IDFC, Dhaka Agritech, CMS Info Systems and Vodafone Idea.

Among those who lost were Dilip Buildcon, Rane (Madras), Parsvnath Developers and Supriya Lifescience.   

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