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Equity indices on upswing, Reliance hits new high

Video Credit: ANI - Duration: 01:09s - Published
Equity indices on upswing, Reliance hits new high

Equity indices on upswing, Reliance hits new high

Equity benchmark indices edged higher during early hours on Friday due to gains in index heavyweight Reliance Industries and metal stocks.

At 10:15 am, the BSE S-P Sensex was up by 117 points or 0.34 per cent at 34,098 while the Nifty 50 edged higher by 67 points or 0.67 per cent at 10,096.

All sectoral indices at the National Stock Exchange were in the positive zone with Nifty PSU bank up by 2.4 per cent, metal by 2.1 per cent and private bank by 1.3 per cent.

Among stocks, Reliance Industries Ltd (RIL) share price touched a record high of Rs 1,602, rising 1.4 per cent after the announcement that Abu Dhabi fund Mubadala is going to invest Rs 9,093 crore in its digital arm Jio Platforms.

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Reliance Industries Reliance Industries Indian multinational conglomerate company

Equity indices close in the green, Eicher Motors up 4.2 pc [Video]

Equity indices close in the green, Eicher Motors up 4.2 pc

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.

Credit: ANI    Duration: 01:12Published
Opening stock: Equity indices in green on global cues, Tata Motors up 3.9% [Video]

Opening stock: Equity indices in green on global cues, Tata Motors up 3.9%

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.

Credit: ANI    Duration: 01:01Published
Equity indices continue upward journey, LandT among top gainers [Video]

Equity indices continue upward journey, LandT among top gainers

Equity benchmark indices swung upward for the fourth consecutive day on Tuesday with buying across several counters. The BSE SandP Sensex closed 519 points or 1.49 per cent higher at 35,430 while the Nifty 50 edged higher by 160 points or 1.55 per cent at 10,471. Larsen and Toubro jumped by 6.73 per cent to Rs 968.50 per share after the engineering and construction multinational called for reduction in India's dependence on imported products, including those from China, and called for a feasible Make in India ecosystem. Shares of IndusInd Bank rose 6.5 per cent to Rs 521.90 after the private sector lender said that its promoter had acquired additional shares of the bank through open market purchases. Bajaj Finance rose by 9.2 per cent while NTPC was up by 5.7 per cent, Hindalco by 5.4 per cent, UPL by 3.8 per cent, Power Grid Corporation by 3.7 per cent and Axis Bank by 3.3 per cent. However, Reliance Industries dropped by 1.4 per cent to Rs 1,721.70 per share on profit booking along with Bharti Airtel, Vedanta and Maruti Suzuki. Meanwhile, Asian shares see-sawed in a wild ride following confusing statements from the White House over the US-China trade deal with President Donald Trump later clarifying the pact was fully intact. Hong Kong's Hang Seng climbed by 1.62 per cent and Japan's Nikkei added 0.5 per cent while South Korea's Kospi inched up by 0.21 per cent

Credit: ANI    Duration: 01:10Published

NIFTY 50 NIFTY 50 Indian stock market and benchmark index

Equity indices up on vaccine hopes, banking and financial stocks gain [Video]

Equity indices up on vaccine hopes, banking and financial stocks gain

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.

Credit: ANI    Duration: 01:50Published

National Stock Exchange of India National Stock Exchange of India Stock exchange in Mumbai


Abu Dhabi Abu Dhabi Federal capital of the United Arab Emirates

U.S. airlines ramp up flights to the great outdoors [Video]

U.S. airlines ramp up flights to the great outdoors

Airlines from America to Australia are ramping up flights in June and July, with U.S. carriers targeting the great outdoors, boosting hopes for a pickup in tourist traffic even as global air travel remains slow. Gloria Tso reports.

Credit: Reuters Studio    Duration: 01:13Published
As airlines suffer, Wizz still bets on expansion [Video]

As airlines suffer, Wizz still bets on expansion

Budget carrier Wizz says it's sticking to expansion plans despite the global slump in air travel, but TUI says it's delaying new jet deliveries. Julian Satterthwaite reports.

Credit: Reuters Studio    Duration: 01:24Published
Vande Bharat Mission: Air India's special flight arrives in Kochi from Abu Dhabi [Video]

Vande Bharat Mission: Air India's special flight arrives in Kochi from Abu Dhabi

Air India Express special flight (IX0452) landed Cochin International Airport from UAE's Abu Dhabi on May 19. 173 passengers along with kids were evacuated under Vande Bharat mission. Passengers were seen wearing masks amid coronavirus pandemic. The stranded Indian nationals across globe are being brought back to their home country under Centre's Vande Bharat Mission.

Credit: ANI    Duration: 01:16Published

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