Metals and financials lift equity indices, Tata Steel up 4.1 percent

Metals and financials lift equity indices, Tata Steel up 4.1 percent

Equity benchmark indices were up by nearly half per cent during early hours on July 17 following a positive trend in Asian markets.

At 10:15 am, the BSE S-P Sensex was up by 181 points or 0.5 per cent at 36,653 while the Nifty 50 edged higher by 50 points or 0.46 per cent at 10,790.Except for Nifty IT, all sectoral indices at the National Stock Exchange were in the positive terrain with Nifty metal up by 1.7 per cent, financial service and auto by 0.9 per cent each, and private bank by 0.7 per cent.

Among stocks, Tata Steel was the top gainer after moving up by 4.1 per cent to Rs 355.70 per share while JSW Steel gained by 3.9 per cent to Rs 209.05.Adani Ports ticked up by 1.8 per cent, Bajaj Finance by 1.6 per cent, Tata Motors by 1.5 per cent and Hindustan Lever by 1.5 per cent.

The other prominent gainers were Bharti Infratel, ONGC, GAIL and Titan.