Stock Market Live Updates: Sensex Jumps 800 Points, Nifty Near 17350

The Street awaited the release of Economic Survey for the year ending March 2022 due later in the day to assess the state of the economy against the fallout from the pandemic.

The company reported Rs 2,665 crore in earnings before interest, taxes, depreciation and ammortisation for the December quarter, up 21 percent on a year-on-year basis.

Manishi Raychaudhuri of BNP Paribas said in an interview to CNBC-TV18 that he expects volatility to continue in the Indian market.

Reliance Industries shares rose as much as 2.6 percent to Rs 2,396.9 apiece on BSE.

Ravindra Rao, CMT, EPAT, VP-Head Commodity Research at Kotak Securities, sees next major support for gold futures at Rs 47,250.

On silver, he said the recent low of Rs 60,000 holds key to the trend, a move below which would take the white metal towards Rs 58,200.

On BSE, AGS Transact Technologies shares debuted at Rs 176 apiece, a premium of 0.6 percent over the issue price of Rs 175.

Finance Minister Nirmala Sitharaman will present Economic Survey for 2021-22 in the Parliament on Monday, the first day of the Budget Session.

Wipro, ONGC, Tech Mahindra, Titan, Divi’s, Bajaj Finance and Infosys were among the top gainers.

Both headline indices jumped as much as 1.3 percent in early deals after a gap-up opening.

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