Bulls revive Sensex in dying hour to end at 59,744, Nifty closes at 17,814
Sensex, Nifty, Share Prices LIVE: Domestic markets resumed the uptrend on Friday as bulls revived benchmark indices in the dying hour of trade. S&P BSE Sensex added 142 points or 0.24% to close at 59,744 while the NSE Nifty 50 index closed 66 points or 0.38% higher at 17,812. Bank Nifty was up 0.67% on the closing bell while broader markets ended the day largely in the red, barring the smallcap 50 index. India VIX fell 2.11% to settle at 17.6 levels. Asian Paints was the top Sensex gainer, up 1.8%, followed by TCS, Nestle India, and Ultratech Cement. Bajaj Finserv was the top drag, falling 1.4%, accompanied by Mahindra & Mahindra, Larsen & Toubro, and Bajaj Finance.
Rakesh Jhunjhunwala exits smallcap real estate stock TARC; stock rallies 110% in one year
Rakesh Jhunjhunwala has exited smallcap real estate stock TARC or The Anant Raj Corporation in the December 2021 quarter, the latest shareholding data suggested. At the end of the September 2021 quarter, Rakesh Jhunjhunwala held 46.95 lakh shares or 1.6 per cent stake in the real estate firm. However, Rakesh Jhunjhunwala’s name didn’t appear in the list released by the company on BSE. Companies don’t need to report the names of shareholders holding less than one per cent stake in the company. Trendlyne data shows Rakesh Jhunjhunwala’s holding in TARC as ‘below 1%’ as of 31st December 2021.
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