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Stock Market Highlights: Sensex begins 2022 with 929-point jump, Nifty reclaims 17,600 – CNBCTV18

Market At Close | Sensex, Nifty50 welcome New Year with strong gains

Here are some highlights:

–Sharp uptick in ICICI Bank, HDFC Bank lead Nifty Bank above 200-day moving average

–Midcap index starts year with 1.1% gain 

–Federal Bank top midcap gainer after lender reports 12% YoY loan growth in Q3

–Reliance, financial stocks lead rally on Nifty; only 6 Nifty stocks in the red

–Eicher Motors top index gainer after Royal Enfield sales jump in December

–Nalco rises 2%; management says Q3 results to beat Q2 performance

–Ashok Leyland above 200-day moving average; medium, heavy commercial vehicle sales rise 11% in December

–RBL Bank rises 5% after sharp decline last week

–Barring Nifty Pharma, all sectoral indices in the green 

–Market breadth favours bulls; 3 stocks in the green today for one in the red