Sensex & nifty up, Maruti Suzuki rose 6%, Wednesday stock market news today 29 Jan

On Tuesday, Maruti Suzuki share rose as 6.33 per cent as the decision of the company has come as a surprise for a cash-rich company for many. The 30 share Sensex was trade positive 104.19 points or 0.50% up at 20787.70 and the 50 share nifty was trade 34.70 points or 0.57% up at 6190.95.

Nifty top gainers:- Maruti Suzuki, Sun Pharma, BHEL, BPCL, Ranbaxy, Cipla, Ambuja Cements, LT, ICICI bank, Kotak bank.

Nifty top losers:- Tata steel, Hindalco, SSLT, SBIN, Indusindbk, NMDC, Jindal steel, HDFC, Ultra cements, Cairn.

The rupee is up against the US dollar tracking strength in other Asian currencies and euro following the Turkish lira’s sharpest jump since 2008. Government bond prices trade firm as some market participants bought on the view that the Reserve Bank of India may not raise policy rates further.