Closing Bell: Among sectors, the Nifty metal index was the top performer of the day, which jumped 2.4 per cent after global brokerage Jefferies changed its stance on the sector to 'positive'

An index of 100 mid-cap stocks has surged 32% year-to-date, while a similar measure of small-cap names has rallied 43%. (Photo: Bloomberg)

Sensex

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		<strong>CLOSING BELL<br />
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		STOCK MARKET HIGHLIGHTS</strong></div>
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		The first trading session of 2023 turned out positive for domestic equities as the frontline indices closed with firm gains on Monday.&nbsp;</div>
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		The BSE Sensex swinged to a low of 60,765 during the day before gaining strength to close 327 points higher at 61,168. Though this was off the day&#39;s high of 61,223. The NSE Nifty touched a low of 18,086 but bounced back to close at 18,197, up 92 points.&nbsp;</div>
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		Overall, the trade was undecisive throughout the session due to a lack of global triggers with most markets being closed on account of the new year holiday.&nbsp;</div>
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		Tata Steel (up 5.8 per cent), Tata Motors (up 1.8 per cent), ICICI Bank(1.5 per cent), M&M (1 per cent) and Reliance (1 per cent) emerged as the top Sensex winners. Hindalco and ONGC were the additional gainers on Nifty, up around 3 per cent each.&nbsp;</div>
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		On the flip side, Asian Paints, Titan, Tech M, Bajaj Finance, Sun Pharma, Nestle, HUL, Divi&#39;s Labs, Bajaj Auto and Hero Moto were the top index losers, which shed up to1.4 per cent.&nbsp;</div>
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		The broader markets outweighed the gains in the Sensex benchmark with the BSE Smallcap and Midcap indices closing 0.8 per cent and 0.6 per cent higher, respectively.&nbsp;</div>
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		Among sectors, the Nifty metal index was the top performer of the day, which jumped 2.4 per cent after global brokerage Jefferies changed its stance on the sector to &#39;positive&#39;. <a href="https://www.business-standard.com/article/markets/jefferies-turns-positive-on-indian-metals-on-easing-covid-curbs-in-china-123010200432_1.html" target="_blank"><strong>Read why Jefferies has turned bullish on metals</strong></a></div>
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		Other sectoral gainers included Nifty Realty, PSB and financial services while Nifty Pharma and consumer durables underperformed and lost up to 0.4 per cent.&nbsp;</div>
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		<strong>European shares</strong></div>
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		Some markets in Europe rose in Monday&#39;s trade with STOXX Europe 600, DAX and CAC 40 gaining 0.8-1.5 per cent. Markets in London and Dublin were meanwhile closed.&nbsp;</div>
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		<strong>IPO Watch</strong></div>
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		Sah Polymers&#39; Rs 66.30 crore IPO was fully subscribed on the second day. As of 3:40 PM, the issue was subscribed by 1.78 times with the retail portion subscribed 6 times. The initial public share sale ends on January 04.</div>
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Sensex gains 327 pts in first session of 2023, Nifty nears 18200; RIL up 1%

Business Standard

Sensex gains 327 pts in first session of 2023, Nifty nears 18200; RIL up 1% | News on Markets - Business Standard

Broader markets upbeat; India VIX climbs 2%

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Nifty Metal, Nifty PSU Bank indices top sectoral performers at this hour

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Profit-booking in P&S Bank as board approves fundraise of Rs 250 crore

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Navkar Corporation rises 1% after Western Railway gives nod to cargo terminal commission

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Plastiblends gains 2% after clocking highest revenue in Q3

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Asian Paints, Bajaj Auto, Sun Pharma top Nifty50 losers

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Tata Steel, Hindalco, Tata Motors top Nifty50 gainers

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SENSEX HEATMAP: 13 out of 30 counters open positively

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OPENING BELL: Sensex opens higher by over 50 points, above 60,900

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OPENING BELL: Nifty50 begins 2023 on a positive note, above 18,100 levels

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PRE-OPEN SESSION: Sensex trades with minor gains, above 60,850

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PRE-OPEN SESSION: Nifty50 trades with modest gains, above 18,100

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CURRENCY CHECK: Rupee opens at 82.65 vs previous close of 82.71

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In world economy this week: From China's Covid numbers to US job data

Payrolls are projected to have risen by about 200,000 in December, according to government data to be released Friday. While that would mark a deceleration from the prior month, that pace of job growth still points to solid hiring and an overall robust labor market. <a href="https://www.business-standard.com/article/international/in-world-economy-this-week-from-china-s-covid-numbers-to-us-job-data-123010200107_1.html?1672630146" target="_blank"><strong>READ MORE</strong></a><br />
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ALERT :: Former Director of Tata Sons, R Krishnakumar, passes away at 84