Of 30 Sensex stocks, 28 were in the green at open. HCL Tech, Tata Steel, Bajaj Finance, Tech Mahindra and L&T were the top gainers.
Here's a glimpse of Money9’s video line-up for August 23. Get latest updates in the Personal Finance space and what's buzzing in Dalal Street
Fed officials are set to gather for their annual meeting in Jackson Hole, Wyo., from Thursday.
Ajit Mishra of Religare Broking is bullish on United Spirits with a target price of Rs 740.
Aptus Value Housing Finance is likely to list at a discount of Rs 2 or 0.57% to the issue price of Rs 353 per share.
Sensex and the Nifty retreated after scaling record highs during the week. Fears of the delta COVID-19 variant and Fed's taper talk crackdown impact.
Barring the Nifty FMCG index (up 2.27%) all other sectoral indices ended in the red. The Nifty Metal index plummeted nearly 6.5%.
Tata Steel, shedding over 8%, was the top laggard in the Sensex pack, followed by SBI, Dr Reddy’s, Kotak Bank, Sun Pharma, Bajaj Auto and L&T
Fed tapering plans & spread of Delta variant brought Sensex down by 408 points or 0.73% to 55,5,221 while the Nifty 50 index was trading at 16,456.
In the journey of 6,000 points to the 56,000-mark, 25 of 30 Sensex stocks delivered positive returns.