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.
Progress on women’s rights in Afghanistan could be at risk with the withdrawal of US and international troops, even if the Taliban doesn’t fully take power, according to a newly declassified US intelligence report. CNN’s Alex Marquardt reports.
Equity frontline indices closed in the green on Friday fuelled by expectation that the second COVID-19 wave will peak this month and the economy will rebound quickly. At the closing bell, the BSE SandP Sensex was up by 257 points or 0.52 per cent at 49,206 while the Nifty 50 edged higher by 98 points or 0.67 per cent to 14,823. Except for Nifty PSU bank, all sectoral indices at the National Stock Exchange were in the positive zone with Nifty metal up by 4.75 per cent, financial service and realty by 0.7 per cent each, and FMCG by 0.2 per cent.
Equity benchmark indices showed resilience and traded higher during early hours on Friday fuelled by an expectation that the second Covid-19 wave will peak this month and the economy will rebound quickly. At 10:15 am, the BSE SandP Sensex was up by 405 points or 0.83 per cent at 49,354 while the Nifty 50 ticked higher by 117 points or 0.8 per cent to 14,842. Except for Nifty auto, all sectoral indices at the National Stock Exchange were in the positive zone with Nifty metal up by 2.5 per cent, pharma by 1.1 per cent and realty by 1.4 per cent. Among stocks, Tata Steel moved up by 3.3 per cent to Rs 1,137.10 per share. JSW Steel was up by 2.3 per cent and Hindalco by 1.1 per cent.
Equity benchmark indices traded in a narrow range on May 06 as consistent rise in COVID-19 cases kept investors on the fence. Going forward, said market experts, the interplay of resurgence in Covid-19 cases and pace of vaccination will decide the trajectory of economic recovery and market behaviour. The BSE SandP Sensex closed 272 points or 0.56 per cent higher at 48,950 while the Nifty 50 ticked up by 107 points or 0.73 per cent to 14,725. Sectoral indices at the National Stock Exchange were mixed with Nifty metal up by 2.5 per cent, auto and IT by 1.8 per cent each, and realty by 0.7 per cent. Among stocks, Hindalco advanced by 5.6 per cent to close the day at Rs 387.90 per share. Tata Steel moved up by 3 per cent to Rs 1,103 per share after reporting a consolidated profit of Rs 6,644 crore in Q4 as compared to a loss of Rs 1,481 crore in the year-ago quarter.
A goods train, carrying 6 medical oxygen tankers left for Delhi from Rajkot's Hapa station on May 08. A total of 129.86 tonnes of liquid medical oxygen have been sent by Reliance Industries, Jamnagar. Train will cover a distance of 1105 km to reach its destination. So far a total of 724.21 tonnes of liquid medical oxygen have been sent to various parts of the country by 9 Oxygen Express trains by Rajkot Division.
Key equity indices were on a downward swing on Tuesday as the fear of continuous rise in COVID cases and extended lockdowns in various states capped market sentiment. Investors said the strong quarterly earnings season have been supportive but poor progress on the vaccination front dented market sentiments. The BSE SandP Sensex closed 465 points or 0.95 per cent lower at 48,254 while the Nifty 50 tumbled by 138 points or 0.94 per cent to 14,497. Except for Nifty PSU bank which jumped by 3.4 per cent, all sectoral indices at the National Stock Exchange were in the negative terrain. Among stocks, Tata Consumer Products dipped by 4.3 per cent to Rs 648 per share and Reliance Industries lost by 2.1 per cent to wind up the day at Rs 1,918.
Equity benchmark indices shaved early losses but ended flat after a volatile session on Monday as surging COVID-19 cases continued to hit market sentiment. At the closing bell, the BSE SandP Sensex was down by 64 points or 0.13 per cent at 48,719 while the Nifty 50 edged lower by 3 points or 0.02 per cent to 14,634. Sectoral indices at the National Stock Exchange were mixed with Nifty private bank slipping by 1.1 per cent, PSU bank and realty by 0.6 per cent each and financial service by 0.2 per cent. But Nifty FMCG rose by 1.1 per cent. Among stocks, Titan dropped by 4.5 per cent to close at Rs 1,423.70 per share. Index heavyweight Reliance Industries dipped by 1.9 per cent to Rs 1,956 per share.
Equity benchmark indices rose nearly 1.3 per cent during early hours on Monday following some reports that India's second wave of coronavirus will peak soon even as over 3.5 lakh new cases were reported in the past 24 hours. Positive global cues also helped the market sentiment with domestic investors setting aside for a while concerns over the economic impact of lockdowns and weakness in rupee. At 10:25 am, the BSE SandP Sensex was up by 658 points or 1.37 per cent at 48,536 while the Nifty 50 edged higher by 179 points or 1.25 per cent to 14,520. Except for Nifty pharma which dipped slightly, all sectoral indices at the National Stock Exchange were in green zone with Nifty private bank advancing by 2.6 per cent, PSU bank by 1.9 per cent, financial service by 2 per cent and realty by 1.7 per cent. Among stocks, ICICI Bank moved up by 5 per cent to Rs 598.80 per share while Axis Bank rose by 3.5 per cent, Kotak Mahindra Bank by 2.1 per cent and IndusInd Bank by 1.9 per cent.
Key equity indices slipped during early hours on Friday due to an unabated rise in COVID cases and unfavourable global cues. At 10:15 am, the BSE SandP Sensex was down by 396 points or 0.8 per cent at 49,370 while the Nifty 50 edged lower by 68 points or 0.46 per cent to 14,827. Sectoral indices at the National Stock Exchange were mixed with Nifty financial service slipping by 1.4 per cent, private bank by 0.9 per cent and auto by 0.4 per cent. But Nifty metal rose by 1.3 per cent and pharma by 0.6 per cent. HDFC Bank dropped by 2.9 per cent to Rs 1,430 per share while ICICI Bank cracked by 1.3 per cent and Kotak Mahindra Bank by 0.9 per cent.
Equity benchmark indices trimmed early gains to close flat on April 29 after traders booked profit in auto and financial scrips amid economic uncertainty. The BSE SandP Sensex closed 32 points or 0.06 per cent higher at 49,766 while the Nifty 50 nudged up by 30 points or 0.2 per cent to 14,895. Sectoral indices at the National Stock Exchange were mixed with Nifty metal gaining by 4.5 per cent and pharma by 0.3 per cent. But Nifty PSU bank fell by 1.1 per cent, auto by 1 per cent and FMCG by 0.3 per cent. Metal stocks continued their upward trajectory with JSW Steel advancing by 9.6 per cent to Rs 726.20 per share while Tata Steel rose by 6.5 per cent to Rs 1,035 and Hindalco by 2.1 per cent to Rs 370.50.
Equity benchmark indices closed marginally lower on Friday in line with Asian peers following a record contraction in economic data from the United States. The BSE SandP Sensex was down by 129 points..
Equity benchmark indices advanced marginally during early hours on July 28 amid positive global cues with auto and metal stocks witnessing gains. At 10:15 am, the BSE SandP Sensex was up by 132 points..