Investing.com investing.com 01 Jan, 2021 06:15 am

Nifty kick off 2021 with gains; IT stocks rise

Nifty kick off 2021 with gains; IT stocks rise
Read Nifty kick off 2021 with gains; IT stocks rise By Reuters

BENGALURU, Jan 1 (Reuters) - Indian shares opened higher on the first trading session of the new year, a day after the Nifty 50 index ended 2020 with gains of nearly 15%, as a jump in IT services stocks lifted the main indexes.market is closed for the new year holiday.The blue chip NSE Nifty 50 index rose 0.Both the indexes recovered more than 86% from a virus-driven crash in March, boosted by liquidity support measures from global central banks and progress on COVID-19 vaccines.

N and Mahindra have called off their automotive joint venture due to challenges caused by the COVID-19 pandemic.Aviation , the parent company of India's largest airline, IndiGo, fell 1.

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