INSUBCONTINENT EXCLUSIVE:
The overall market breadth was positive as 1,924 shares were advancing on BSE.New Delhi: The Indian equity benchmarks surged on Wednesday
led by gains in Tata Motors, Hindalco and Reliance Industries
Asian share markets traded higher as the risk appetite of global investors rises heading into year-end, despite the surging number of
Omicron variant cases around the world
MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.6 per cent, after U.S
broader NSE Nifty moved 132 points or 0.79 per cent higher to 16,903.Mid- and small-cap shares were trading in green as Nifty Midcap 100
index was up 0.74 per cent and Nifty Smallcap 100 index rose 1.18 per cent.On the stock-specific front, Tata Motors was the top Nifty gainer
as the stock jumped 2.47 per cent to Rs 464.80
Hindalco, IndusInd Bank, SBI and Reliance were also among the gainers.On the flipside, Cipla, Asian Paints, Dr Reddy's were among the
losers.The overall market breadth was positive as 1,924 shares were advancing while 428 were declining on BSE.On the BSE platform, IndusInd
Bank, Bajaj Finance, SBI, RIL, Tata Steel and Bajaj Finserv attracted most gains with their shares rising as much as 2.09 per cent in early
trade.Sensex had jumped 497 points or 0.89 per cent to end at 56,319.01 on Tuesday; while Nifty had advanced 156.65 points or 0.94 per cent
to settle at 16,770.85.Meanwhile, foreign institutional investors (FIIs) sold shares worth Rs 1,209.82 crore, while domestic institutional
investors (DIIs) bought shares worth Rs 1,404.89 crore on December 21, NSE data showed.
