Sensex ends 157 pts higher, Nifty reclaims 17500; ITC surges 5%, L&T 3% – Business Standard

The S&P BSE Sensex was at 58,449, down 200 points, levels while the Nifty50 held 17,400-mark.

The S&P BSE Sensex jumped 224 points, or 0.4 per cent, at 58,874 levels in early deals.

Highest new OI addition was seen at 18000 for Calls and 17000 for Puts in weekly and at 18000 for Calls and 17000 for Puts in monthly contracts,” wrote analysts at Geojit Financial Services in their morning note.

Those of Beardsell were up 3 per cent after the company said its board will meet on December 13 to consider a proposal for rights issue.

The company aims to raise up to Rs 1,040 crore by way of complete Offer for Sale of equity shares in the price band of Rs 1,000 – Rs 1,033.

According to reports, Pfizer and BioNTech said their three-shot course of the vaccine was able to neutralize the new Omicron variant in a laboratory test and they could deliver an upgraded vaccine in March 2022 if needed.

Straits Times, Kospi and Taiwan have gained 0.3 per cent to 0.5 per cent each.

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