Sensex surges 470 pts in early trade,TCS shares jump over 3 pc

The BSE gauge Sensex soared 470 points to trade above the psychological 60,000-level in opening deals on Monday on account of buying across counters. Starting on a positive note, the 30-share benchmark hit the early high of 60,242 before easing out some gains. It was last quoted at 60,077.67, higher by 333.02 points or 0.56 per cent. Likewise, the NSE Nifty was trading 126.95 points or 0.71 per cent higher at 17,939.65. The Sensex was primarily driven by FMCG, auto, IT and financial shares. ITC, Maruti, TCS, Kotak Bank and ICICI Bank were the prominent gainers. Of the Sensex constituents, 21 shares were trading in the green.

Meanwhile, Shares of Tata Consultancy Services on Monday jumped over 3 per cent after the company said its board will consider a buyback proposal on January 12.The stock gained 3.24 per cent to Rs 3,979.90 on the BSE. On the NSE, it jumped 3.23 per cent to Rs 3,978.

Full-service carrier Vistara, which completed seven years of its operations said on Monday its fleet has crossed 50 aircraft with over 12 planes added in the last 21 months alone despite pandemic challenges. In addition to this, Vistara said it has flown 30 million passengers since its launch on January 9, 2015 in both domestic and overseas markets, the airline said in a statement. Vistara fleet comprises Airbus A320, A320neo, A321neo, Boeing 737 and B787 planes. Vistara has also significantly grown its global network to include seven new destinations across Asia, Europe, and the Middle East, the statement added. According to the airline, it has registered a growth of 3.3 percentage points in market share, since July 2020, having grown from 4.2 per cent in July 2020 to 7.5 per cent in November 2021. The airline said over the last two years, it has also introduced multiple product and service enhancements, including board WiFi connectivity, gate-to-gate service, fully-flat beds in Airbus A321neo aircraft and Boeing Dreamliner 787, among others.