Share Market LIVE: Sensex up 200 pts, Nifty above 17100, resistance at 17200; Tech Mahindra, RIL top

Share Market News Today | Sensex, Nifty, Share Prices LIVE: The benchmark indices opened lower as global sentiment remained subdued amid a sharp rally in oil prices again. Both indices extended losses as the BSE Sensex fell 300 points to below 57,050 levels, while the NSE Nifty was at 17,040, lower by 80 points. In the broader markets, the BSE MidCap and SmallCap indices were also in red, trading 0.9 per cent and 0.4 per cent lower, respectively. Sectorally, Nifty Bank, Auto FMCG, Financials, Realty and Auto were all in red with losses between 1-2 per cent. On the flipside, Oil & Gas, IT and Metal indices were bucking the overall trend, trading up to 1.5 per cent higher. Reliance Industries, Powergrid, Tata Steel, Tech Mahindra and Sun Pharma were among the top gainers, while HUL, Nestle, Asian Paints, Axis Bank and SBI were the laggards.

BSE

Tata Motors to increase prices of commercial vehicles, stock down marginally

Tata Motors has announced an impending price hike of its commercial vehicle range. An increase in price in the range of 2-2.5%, will come into effect from April 1, 2022 across the range, depending upon individual model and variant. Tata Motors was quoting at Rs 424.20, down Rs 3.75, or 0.88 per cent on the BSE.

RIL shares touch over 2-month high

Shares of Reliance Industries (RIL) hit an over two-month high of Rs 2,513.50 after the shares gained 2 per cent on the BSE in Tuesday’s intra-day trade. The stock was among the top gainers on the S&P BSE Sensex. In the last two week, RIL has gained over 12%.