Stock Market Updates: Sensex up 150 points, Nifty at 21,800 points; IT stocks gain

Today’s market: Stocks opened slightly higher on Monday, while trading remained thin elsewhere in Asia with most markets closed for the Lunar New Year. The BSE Sensex gained 150 points to 71,740 points and the NSE Nifty50 gained 37 points to 21,820 points.

Wipro, HCLTech, Infosys, Tech M and TCS are leading on Sensex, while Dr Reddy’s and Divi’s Labs are second on Nifty.

On the other hand, Power Grid, Bharti Airtel, NTPC, Hero Moto, ONGC and Coal India were the top losers from the front.

The BSE midcap and smallcap index gained 0.27%.

global clues

Markets in Hong Kong, China, Japan, Taiwan and South Korea were closed for the Lunar New Year holiday. Australia’s ASX 200 index fell 0.2%.

U.S. stocks ended mixed on Friday. The S&P 500 rose 0.57% to close above the key 5,000 level for the first time. The Nasdaq rose 1.25% and the Dow Jones fell 0.14%.