Sensex, Nifty pare losses in choppy trade; Reliance, TCS advance

Mumbai | Monday | 29th November, 2021

Summary:

Mumbai, Nov 29 (PTI) Key stock indices Sensex and Nifty pared early losses in late morning deals on Monday following gains in Reliance Industries, HCL Tech and TCS.

In a highly volatile market, the 30-share index BSE Sensex was trading higher by 375.23 points or 0.66 per cent at 57,482.38 points at 1140hrs.

The index had tanked more than 500 points or over 2 per cent in opening trade in line with weak global cues.

The index swung between losses and gains in morning deals amid high volatility.

The broader NSE Nifty also rose by 108 points or 0.63 per cent to 17,134.55 points on the back of gains in oil & gas, telecom, IT and select banking stocks.

Reliance Industries jumped by 2.66 per cent in morning trade after its telecom arm Jio announced around 21 per cent hike in its prepaid tariff plans from December 1.