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Sensex, Nifty open at a high, ITC shares gain 6%

ITC shares

The S&P BSE Sensex rose by 0.32 per cent to 73,906.61 points, while the NSE Nifty50 witnessed a gain of 0.28 per cent reaching 22,397.55 points.

ITC shares

Benchmark stock market indices opened higher on Wednesday as the Indian stock exchange kicked off with a positive note.

The rise was primarily driven by a surge in ITC shares following British American Tobacco’s announcement of selling a stake at a premium. Upward trend in Asian markets also contributed to the optimistic start of the trading day.

As per the latest update, the NSE Nifty50 witnessed a gain of 0.28 per cent, reaching 22,397.55 points. Similarly, the S&P BSE Sensex rose by 0.32 per cent, reaching 73,906.61 points. ITC emerged as the top gainer on the Nifty, experiencing a notable surge of 6.3 per cent. 

This article was originally published on India Today!

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