Equity benchmark indices continued their upward momentum on Friday but the gains in IT and realty sectors were capped by PSU banks. At the closing bell, the BSE SandP Sensex was up by 178 points or 0.5 per cent at 36,021 while the Nifty 50 edged higher by 56 points or 0.53 per cent at 10,607. Sectoral indices at the National Stock Exchange were mixed with Nifty IT and realty gaining by 1 per cent each but PSU bank down by 0.9 per cent. Among stocks, Eicher Motors was up by 4.18 per cent at Rs 19,121 per share while Hero MotoCorp accelerated by 2.6 per cent, Bajaj Auto by 1.9 per cent and Tata Motors by 1.8 per cent. Adani Ports closed 4.1 per cent higher at Rs 361 per share. Tata Consultancy Services gained by 1.7 per cent while Bharti Airtel and Bharti Infratel were up by 4 per cent and 1.8 per cent respectively. Reliance Industries edged higher by 1.53 per cent to Rs 1,785.50 per share after Intel Corp said it will invest Rs 1,894 crore in Jio Platforms in exchange for a 0.39 per cent stake, the latest big-ticket investment in its digital unit. But metal stocks fell with JSW Steel and Tata Steel down by 1.7 per cent each and Hindalco by 1 per cent. IndusInd Bank, HDFC Bank, Bajaj Finance and Bajaj Finserv too traded with a negative bias. Meanwhile, Asian shares rallied to a four-month high on robust US payrolls data and a brisk pickup in Chinese service sector activity. Shanghai Composite closed 2.01 per cent higher. Japan's Nikkei rose by 0.72 per cent while Hong Kong's Hang Seng was up by 0.99 per cent.
Equity benchmark indices were up by nearly one per cent during early hours on July 02 tracking gains in Asian peers as investors hoped of a vaccine for COVID-19. At 10:15 am, the BSE SandP Sensex was up by 340 points or 0.96 per cent at 35,745 while the Nifty 50 edged higher by 97 points or 0.93 per cent at 10,527.All sectoral indices at the National Stock Exchange were in the positive zone with Nifty private bank gaining by 1.5 per cent, financial service and IT by 1.3 per cent each, and auto by 0.8 per cent.Among stocks, ONGC was the top gainer by moving up 3.4 per cent to Rs 83.20 per share. IndusInd Bank and HDFC Bank rose by 2.5 per cent and 1.9 per cent respectively.The other prominent gainers were Mahindra and Mahindra, Hero MotoCorp, Infosys, Wipro and Grasim. Among those in the red zone were UPL, Hindustan Lever, Britannia, Maruti Suzuki and Eicher Motors.
Equity benchmark indices were in the positive territory during early hours on June 30 amid strong global cues after data showed that China's manufacturing sector grew more than expected in June. At 10:15 am, the BSE SandP Sensex was up by 225 points or 0.63 per cent at 35,186 while the Nifty 50 edged higher by 64 points or 0.62 per cent at 10,377.Sectoral indices at the National Stock Exchange were mixed with Nifty metal gaining by 2.1 per cent and realty by 1.3 per cent. Among stocks, Tata Steel edged higher by 4.75 per cent to Rs 336.10 per share while Hindalco was up by 3.2 per cent and JSW Steel by 2 per cent. The other prominent gainers were UPL, ICICI Bank, NTPC, Britannia and HDFC. Among those in the red zone were Sun Pharma, Dr Reddy's, Tata Consultancy Services, Infosys, GAIL and Power Grid Corporation.
Equity benchmark indices wobbled through volatile trade during early hours on Tuesday as gains in financial and FMCG stocks were offset by losses in IT stocks. The Trump administration on Monday extended the freeze on the issuance of green cards for new immigrants and suspended a range of work visas for foreigners, including all H-1B and H-4 till the year-end. At 10:15 am, the BSE S-P Sensex was up by 78 points or 0.22 per cent at 34,990 while the Nifty 50 edged higher by 39 points or 0.38 per cent at 10,351. Most sectoral indices at the National Stock Exchange were in the positive terrain but with negligible margins. Among stocks, the losers included Tata Consultancy Services, Bharti Airtel, HDFC Bank, ICICI Bank, Reliance Industries and Vedanta.
Equity benchmark indices rose marginally during early hours on July 03 in line with Asian peers with buying seen across IT and auto counters. At 10:15 am, the BSE S and P Sensex was up by 106 points or 0.29 per cent at 35,949 while the Nifty 50 edged higher by 43 points or 0.41 per cent at 10,594. Sectoral indices at the National Stock Exchange were mixed with Nifty IT gaining by 1 per cent, FMCG by 0.9 per cent and auto by 0.4 per cent. Among stocks, Tata Motors ticked up by 3.9 per cent at Rs 105.50 per share while Bajaj Auto rose by 2.1 per cent to Rs 2,941. Wipro and Tata Consultancy Services gained by 1.5 per cent each while HCL Technologies was up by 1.4 per cent. Reliance Industries edged higher by 0.83 per cent to Rs 1,775.15 per share after Intel Corp said it will invest Rs 1,894 crore in Jio Platforms in exchange for a 0.39 per cent stake, the latest big-ticket investment in its digital unit.
Equity benchmark indices underwent bouts of volatility on Tuesday but ended flat despite strong global cues after data showed that China's manufacturing sector grew more than expected in June. At the..
Equity benchmark indices traded with a bearish bias on Monday amid jittery global cues as coronavirus cases continue to surge across several countries including India. Selling pressure aggravated for..
Equity benchmark indices fell by over 1 per cent during early hours on June 29 amid weak global cues as coronavirus cases continue to surge across the world. That dimmed the hopes of an early economic..