India  

Opening bell: Equity indices surge on global cues, Reliance Industries hits record high

Video Credit: ANI - Duration: 01:23s - Published
Opening bell: Equity indices surge on global cues, Reliance Industries hits record high

Opening bell: Equity indices surge on global cues, Reliance Industries hits record high

Equity benchmark indices edged higher by about 1 per cent on firm global cues with IT and auto stocks witnessing handsome gains.

At 10:15 am, the BSE SandP Sensex was up by 292 points or 0.8 per cent at 36,886 while the Nifty 50 edged higher by 95 points or 0.88 per cent at 10,863.Most sectoral indices at the National Stock Exchange were in the green with Nifty IT gaining by 1.2 per cent, auto by 1.1 per cent, FMCG and metal by 0.8 per cent each.Among stocks, index heavyweight Reliance Industries touched a record high of Rs 1,929.90 per cent, up 2.76 per cent from its previous close, after announcing a day earlier that Qualcomm Inc will buy a 0.15 per cent stake in its digital unit Jio Platforms for Rs 730 crore.IT major Tech Mahindra moved up by 3.1 per cent, Infosys by 1.7 per cent and HCL Technologies by 1.2 per cent.

Auto stocks also surged ahead with Tata Motors accelerating by 2.6 per cent and Maruti by 1.2 per cent.


You Might Like


Related videos from verified sources

Equities on downward swing, Reliance cracks by 1.8 pc [Video]

Equities on downward swing, Reliance cracks by 1.8 pc

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..

Credit: ANI     Duration: 01:17Published
Equities flat in early choppy trade, IT and pharma stocks in focus [Video]

Equities flat in early choppy trade, IT and pharma stocks in focus

Equity benchmark indices wobbled between gains and losses during early hours on July 31 in line with Asian peers following a record contraction in economic data from the United States. At 10:15 am, the..

Credit: ANI     Duration: 01:22Published
Sensex cracks by 335 points but pharma stocks outperform [Video]

Sensex cracks by 335 points but pharma stocks outperform

Equity benchmark indices swung nearly 1 per cent lower during the afternoon session on July 30 ahead of the expiry day of monthly futures and options contracts. At the closing bell, the BSE S and P..

Credit: ANI     Duration: 01:29Published