Nifty closes above 17,200. Sensex added 477 points. Nifty Auto Gains. Asian Paints and Sun Pharma up by 3%

Benchmark Indices closed in green. Sensex added 477 points to close at 57,897.48 points. Nifty added 147 points to end at 17,233.30 points.

In sectoral indices, Nifty Auto and Nifty Consumer Durables did well. All of the sectoral indices were in green. Asian Paints and Sun Pharma were up by around 3%. Chemical stocks like Tata Chemicals and Deepak Nitrite added more than 3%. Amid Omicron threat, IRCTC was up by around 3%.

Tomorrow is the penultimate day of expiry day. Global markets are doing well. However, volatility may prevail due to expiry of monthly options.